chriskw98 chriskw98

21-06-2021
Mathematics

contestada

5.) $28,000 invested at a rate of 4% compounded annually
a.) Write a compound interest function to model the situation.

Respuesta :

biffyboffboof biffyboffboof

21-06-2021

Answer:

ok so we know the amount we know the interest amount but we do know know the period of time so the equation would look like this

28000(0.4)T=I

T=Time

I=interest

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