Mathematics, 25.03.2021 01:00 Katlyndavis01
Tabitha's credit card has an annual interest rate of 21%. The following function represents her balance after t years.
f(t)=$350(1.21)^t
Which expression reveals the approximate monthly interest rate for Tabitha's credit card?
A. (0.101)^12t
B. (1.016)^12t
C. (0.101)^t
D. (1.016)^t
Answers: 2
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