Mathematics, 17.05.2021 22:50, erinleyanne
A person invests $3000 in an account at 6% interest compounded annually Let V=f(t) be the value in dollars) of the account after t years or any fraction thereof.
a. Find an equation of f.
b. What is the V-intercept? What does it mean in this situation?
c. What will be the value of the investment in five years?
d. When will the value of the investment be $5000?
a. f(t)=0
(Simplify your answer. Use integers or decimals for any numbers in the expression)
Answers: 2
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A person invests $3000 in an account at 6% interest compounded annually Let V=f(t) be the value in d...
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