Mathematics, 02.03.2021 20:00, brandiwingard

A principal of $1,500 is deposited in an account that pays 6.2% interest yearly. Find the balance after 7 years. Use the Exponential Growth Model. y = C(1 + r)t

a $208,971,104
b $2,285
c $3,285
d $4,285

Answers: 3

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A principal of $1,500 is deposited in an account that pays 6.2% interest yearly. Find the balance after 7 years. Use the Exponential Growth Model. y = C(1 + r)t a $208,971,104 b $2,285 c $3,285 d $4,285

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A principal of $1,500 is deposited in an account that pays 6.2% interest yearly. Find the balance after 7 years. Use the Exponential Growth Model. y = C(1 + r)t

a $208,971,104
b $2,285
c $3,285
d $4,285