Mathematics, 01.04.2021 20:20, danibe98r
The function V(t) = 1,000(1.06)2t models the value of an investment after t years. What does the coefficient “2” represent in the exponent of the function?
A. the total amount of money earned in the investment
B. the initial amount of money invested
C. the number of compounding periods per year
Answers: 3
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The function V(t) = 1,000(1.06)2t models the value of an investment after t years. What does the coe...
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