Suppose you invest $1600 at an annual interest rate of 4.6% compounded annually. write a function to represent the total earnings E(t) as a function of time in years t

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question

asked Jul 16, 2022 136k views

2 votes

Suppose you invest $1600 at an annual interest rate of 4.6% compounded annually. write a function to represent the total earnings E(t) as a function of time in years t

Mathematics
college

Amjad Masad asked

by Amjad Masad

7.3k points

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

0 votes

Answer:

E(t)=1600(1+0.046)^t

Explanation:

1600=the initial/principal amount

0.046=annual interest rate

Shahzada answered Jul 22, 2022

by Shahzada

8.2k points

0 Comments

Please log in or register to add a comment.

Ask a Question

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

9.5m questions

12.2m answers

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

0 Comments

Please log in or register to add a comment.

Other Questions