Mathematics, 24.09.2020 03:01, bellam302
If you deposit $1000 in a savings account with an interest rate of r compounded annually, then the balance in the account after 3 years is given by the function B(c) = 1000(1 + r)3, where r is written as a decimal. What interest rate will yield a balance of $1100 after 3 years?
Answers: 2
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If you deposit $1000 in a savings account with an interest rate of r compounded annually, then the b...
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