Question

the function A(t)=728(1 + 0.04)t represents the amount of money in the account after t years. How much money did Adtia originally invest?

Answer 1

$728.00

Explanation:

$728.00 I’m assuming. Because the equation should be A(t)= P(1+i) ^t right? Telling us that P= principal, i= interest & t= time.

I’m assuming from MY financial mathematics class.