Mathematics
Mathematics, 16.12.2020 02:50, elawnnalewis3568

Henry has invested some money in an interest-bearing account. The following equation models his situation.
12t
A = 4,500(1+
0.035
12
Which of the following statements are true? Select all that apply.
The balance in the account after 6 months will be approximately $5.549.85
The balance in the account after 3 months will be approximately $4,539.49.
For this function, the variable t represents time measured in years.
The account compounds interest annually.
O Henry invested $4,500.

answer
Answers: 1

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Henry has invested some money in an interest-bearing account. The following equation models his sit...

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