Question 7 Kaylee deposited $1,450 in an account that earns 2.5% interest compounded annually. Which function represents the situation, where t is the time in years?

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asked Apr 4, 2021 138k views

4 votes

Question 7

Kaylee deposited $1,450 in an account that earns 2.5% interest compounded annually. Which function represents

the situation, where t is the time in years?

Mathematics
high-school

Digicrat asked

by Digicrat

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1 Answer

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Answer:

A=1450 (1+0.025)^t

Explanation:

A future value

T time

Qwr Qwr answered Apr 10, 2021

by Qwr Qwr

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