Mathematics, 06.04.2021 22:00, Stetson02
$6, 600 is invested in an account earning 9.4% interest (APR), compounded
monthly. Write a function showing the value of the account after t years,
where the annual growth rate can be found from a constant in the function.
Round all coefficients in the function to four decimal places. Also, determine
the percentage of growth per year (APY), to the nearest hundredth of a
percent.
Answers: 2
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$6, 600 is invested in an account earning 9.4% interest (APR), compounded
monthly. Write a function...
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