Mathematics, 31.08.2021 01:40, momo26590
Nathan opened an interest-bearing savings account two years ago. His account balance, in dollars, can be calculated using the expression shown below, where t is time, in years.
$3,600(1.07)12t
Use the given expression to complete the statements below. The quantity that represents Nathan's initial deposit is 3,600 The quantity that represents the rate at which the account is increasing is 1.07. what is the interest rate on the account % What is the quantity that represents the number of times the account compounds each year β
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