106k views
5 votes
7. You deposit $675 in a savings account that earns 6% interest compounded monthly.

(Round answers to the nearest hundredth)
Write a compound interest function that represents the balance after t years. (2 pts)
a.
b. Rewrite your function from (a) in simplest exponential form, y = ab. (2 pts)
-: UUM

User Rayan Sp
by
8.1k points

1 Answer

5 votes

Answer:

634.5

Explanation:

User Walamana
by
8.0k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories