Mathematics, 26.10.2021 06:00, 03babyj

An employee deposits $500 of their pay check into an investment account that earns 2.5% interest annually. No withdrawals or deposits are made over a 5 year period. Find an explicit equation that can be used to determine the balance in the account, B(x), in x number of years.

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An employee deposits $500 of their pay check into an investment account that earns 2.5% interest ann...