Mathematics, 28.05.2021 05:30, whitethunder05

Leo invested $7000 into an account that has a 3.5% annual interest rate. What equation best describes this investment after t years?

1. A(t) = 7000(1.35)^t
2. A(t) = 7000(0.965)^t
3. A(t) = 7000(0.035)^t
4. A(t) = 7000(1.035)^t

Answers: 1

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Leo invested $7000 into an account that has a 3.5% annual interest rate. What equation best describ...