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Write a formula that describes the value of an initial investment of $1200, growing at an interest rate of 4%, compounded monthly
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Write a formula that describes the value of an initial investment of $1200, growing at an interest rate of 4%, compounded monthly

User John Rayner
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1 Answer

3 votes

Answer:

f(x)=1200(1.04)^n

Explanation:

User Jaysen
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