Mathematics, 24.02.2021 18:30 briana21092005

Genevieve deposited $400 into her bank account. The equation A(t) = 400(1.07) can be used to calcula the value of her money after t years. What is the annual interest rate she is earning on her deposit?
0.07%
1.07%
7%
O
107%

Genevieve deposited $400 into her bank account. The equation A(t) = 400(1.07) can be used to calcul

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Genevieve deposited $400 into her bank account. The equation A(t) = 400(1.07) can be used to calcula...

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Genevieve deposited $400 into her bank account. The equation A(t) = 400(1.07) can be used to calcula the value of her money after t years. What is the annual interest rate she is earning on her deposit? 0.07% 1.07% 7% O 107%

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Another question on Mathematics

Genevieve deposited $400 into her bank account. The equation A(t) = 400(1.07) can be used to calcula the value of her money after t years. What is the annual interest rate she is earning on her deposit?
0.07%
1.07%
7%
O
107%