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investor deposits $2, 500 into a retirement savings account that earns 8% interest annually. If no additional deposits or withdrawals are made, and s represents the total amount of money, in dollars, in the account & years since the initial deposit, which equation represents the situation?

User Sfzhang
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1 Answer

4 votes

Answer:

s=2500x(1+0.08)t

Explanation:

Thats the equation!

User Neilmarion
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