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Mathematics, 09.06.2020 10:57 LikeIke7105

$740 is invested in an account earning 8.4% interest (APR), compounded monthly. Write a function showing the value of the account after t years, where the annual growth rate can be found from a constant in the function. Round all coefficients in the function to four decimal places. Also, determine the percentage of growth per year (APY), to the nearest hundredth of a percent.

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