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Mathematics, 18.04.2020 20:48 yomamafart7

You start an account with $500 and an interest rate of 6% compounded yearly. How

much is in the account after 3 years?

a) Exponential growth or decay:

b) Identify the initial amount:

c) Identify the growth/decay factor:

d) Write an exponential function to model the situation:

e) “Do” the problem:

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Answers: 3

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You start an account with $500 and an interest rate of 6% compounded yearly. How

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