Mathematics
Mathematics, 30.06.2019 16:00, dixks

The annual interest rate on a $10,000 loan is 18%. the exponential function that represents this is y = 10000(1.18t). write the exponential function for this loan in terms of a monthly interest rate. a) y = 10000(1.014)t b) y = 10000(1.014)12t c) y = 10000(1.098)t d) y = 10000(1.098)12t

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