Mathematics, 16.01.2021 23:30 coontcakes
$2000 is invested at a rate of 4.2% compounded annually. Identify the compound interest function to model the situation. Then find the balance after 7 years. A = 2000(1.042)^t; $2667.50 A = 2000(1.42)^4t; $2557.50 A = 2000(1.042)^t; $2337.50 A = 2000(14.2)^4t; $2447.50
Answers: 2
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$2000 is invested at a rate of 4.2% compounded annually. Identify the compound interest function to...
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