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0 votes
The amount of money,

A
(
t
)
A(t)
in a savings account that pays 3% interest, compounded quarterly for
t
t
yesrs, when an initial investment of $2000 is made, is given by
A
(
t
)
=
2000
(
1.0075
)
4
t
A(t)=2000(1.0075)4t
.

User Almalkawi
by
4.3k points

1 Answer

5 votes

good luck man i hate having to do this kind of thing in class

User Uchitha
by
5.2k points