Mathematics
Mathematics, 16.11.2020 20:40, vnfrancis3716

An account grows at an annual interest rate of r, so it grows by a factor of x=1+r each year. The function gives the amount in the account after 4 years when the growth factor is x. What is the total amount in the account if the interest rate for the account is 3% each year?

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An account grows at an annual interest rate of r, so it grows by a factor of x=1+r each year. The fu...

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