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Ian has a bank account that earns interest. The value, V, in dollars, of Ian's account after t years can be modeled by the exponential function V(t)=5000(1.025)t. Ian claims that the value of his bank account grows by an equal factor each year. To prove his claim, which equation must he show to be true?
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Ian has a bank account that earns interest. The value, V, in dollars, of Ian's account after t years...
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