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An initial investment of $5,000 grows at 9% per year.
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An initial investment of $5,000 grows at 9% per year.

An initial investment of $5,000 grows at 9% per year.-example-1
User TmKVU
by
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1 Answer

1 vote

Answer:

C. f(t) = 5000(1.09)^t

Explanation:

Compound interest formula:

F = P(1 + r)^t

Answer: C. f(t) = 5000(1.09)^t

User Sergey Zenchenko
by
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