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You invest $750 in a savings account that pays 1.5% annual interest.Write a recursive and a explicit formula to represent to situation

You invest $750 in a savings account that pays 1.5% annual interest.Write a recursive and a explicit formula to represent to situation
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you invest $750 in a savings account that pays 1.5% annual interest.Write a recursive and a explicit formula to represent to situation

User Raab
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1 Answer

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750x 0.015= $11.25 each month
11.25x12= 135
User Blackcoat
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