Register
The total amount earned from a savings account is modeled by the expression p(1.015)^12t where P represents the principal compounded monthly and t is the time in years. Which expression represents the
154k views
15 votes
The total amount earned from a savings account is modeled by the expression p(1.015)^12t

where P represents the principal compounded monthly and t is the time in years. Which expression represents the approximate interest rate compounded quarterly?

User Kosmikus
by
7.2k points

1 Answer

8 votes

Answer:

hope you can understand

The total amount earned from a savings account is modeled by the expression p(1.015)^12t-example-1
User Chateau
by
7.5k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.4m questions

11.0m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Write words to match the expression. 24- ( 6+3)
The cost of 5 similar digital cameras and 3 similar video cameras is 3213. Each video camera costs 4 times as much as each digital camera. John buys a digital camera and a video camera. How much does he
Link Copied!