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Mia has $9000 in a savings account. The interest rate is 9%, compounded annually. Which equation can be used to represent the situation?
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3 votes
Mia has $9000 in a savings account. The interest

rate is 9%, compounded annually. Which
equation can be used to represent the
situation?

User Hexagon
by
7.5k points

1 Answer

4 votes

Answer:

Y=9000(1.09)^X

Explanation:

User Lenny
by
9.3k points
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