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How do you write the equation for 4.

How do you write the equation for 4.-example-1
User J Healy
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1 Answer

5 votes
This is an exponential growth problem of the form:

F=Ir^t, F=final amount, I=initial amount, r=rate, t=time

In this case:

F=50(1.08^t)

F(17)=50(1.08^17)

F(17)=$185.00
User Ryan Penfold
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