Betty currently has $2000

Akash Deshpande asked Apr 27, 2022

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Akash Deshpande asked Apr 27, 2022

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22 votes

Answer:

Interest rate increases by 100%+n%

n% = 1.5%

100%+1.5%=101.5%=1+0.015=1.015^x

so its y = 2000(1.015)^x

Jim Kiley answered May 3, 2022

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