Mathematics
Mathematics, 14.04.2021 01:00, madams1820

The function y = 1000(1.005)* models the value of a $1,000 deposit at 6% per year (0.005 per month) x months after the money is deposited
a. How many months until the investment is worth $1,100?
b. How many years until the investment has doubled?
c. How many years until the investment is worth $5,000 Exponential problem use the function

answer
Answers: 1

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The function y = 1000(1.005)* models the value of a $1,000 deposit at 6% per year (0.005 per month)...

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