Mathematics, 25.08.2021 01:00 joehelmy
Wanda invested money in a savings certificate of deposit that earns 4% interest. It’s value after 3 years can be found by evaluating (1.04) (power of 3) and multiplying the result by the initial value.
a. Describe how to simplify the exponential expression.
b. The initial value of Wanda’s account was $1,000. Simplify the exponential expression and interpret the result to describe how the value of Wanda’s savings has changed after 3 years.
Answers: 2
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Wanda invested money in a savings certificate of deposit that earns 4% interest. It’s value after 3...
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