9. A principal amount of $2,600 has been invested into a savings account
which will gain compo...
Mathematics, 16.05.2020 15:57, dariel41
9. A principal amount of $2,600 has been invested into a savings account
which will gain compound interest at a rate of 8% per year. Which equation
below correctly models the growth of the balance, B, over time, t?
B = 2,600 + 108t
B = 2,600(1.08)^t
B = 2,600 + 0.08t
B = 2,600 +0.08
Answers: 3
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