Mathematics
Mathematics, 10.03.2021 21:40, mari530

Type the correct answer in the box. Oliver plans to purchase a $1,500 certificate of deposit (CD) at his bank. The CD will earn 2.3% interest, compounded semi-annually.

Write an exponential expression in the form a(b)c, where b is a single value, to find the value of the CD, in dollars, after t years. Round any decimals to the nearest ten-thousandth. Do not include dollar signs or percent symbols in the expression.

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