Which expression represents the growth of an investment of $2,000 at 4% per year for a period of t years? 2000t1.04 2000(0.04)t 2000(1.04)t 2000(1.4)t

Question

asked Apr 4, 2022 43.1k views

2 Answers

Niclar · Answer 1 · 2022-04-06T16:15:40+0000

Answer:

Which expression represents the growth of an investment of $2,000 at 4% per year for a period of t years?

Explanation:

Edge 2021

Neoryder · Answer 2 · 2022-04-10T01:46:04+0000

Answer:

2,000(1.04)t

Explanation:

To determine this answer, you would use the formula initial value (1 + interest) times the number of years. This would equal 2,000(1.04)t.