leabear77 leabear77

24-02-2022
Mathematics

contestada

Molly deposits $1685 in an account that earns 3.5% interest
compounded annually. Write a function represent the situation where t is the time in years.

Respuesta :

eleanordewfall eleanordewfall

24-02-2022

Answer:

1685 x 1.035^t

Step-by-step explanation:

compound interest formula:

initial x 1 ± percentage multiplier ^years. (time)

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