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Mathematics, 08.10.2021 14:00 geezwell8875
An account grows at an annual interest rate of r, so it grows by a factor of x = 1 + each year.
The function A(z) = 800.24 + 350.03 + 500.02 + 600.0 gives the amount in the account
after 4 years when the growth factor is x.
1. What is the total amount in the account if the interest rate for the account is 3% each year?
Round to the nearest dollar.
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An account grows at an annual interest rate of r, so it grows by a factor of x = 1 + each year.
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