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Genevieve deposit $400into her bank account. The equation A(t)= 400(1.07) can be used to calculate the value of her money after t years. What is the annual interest rate she is earning on her deposit
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Genevieve deposit $400into her bank account. The equation A(t)= 400(1.07) can be used to calculate the value of her money after t years. What is the annual interest rate she is earning on her deposit

User Racheli
by
4.8k points

2 Answers

9 votes

Answer: 7%

Explanation:

User CrazyCasta
by
5.4k points
9 votes

Answer:

Explanation:

7%

User Skatox
by
4.7k points
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