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Mathematics, 29.06.2019 11:30 tqjb2007
Shiloh opens a savings account in which interest is compounded annually. the balance in the account is given by the following exponential expression, where t represents the time in years. 125(1.025)^t which statement correctly interprets the given expression? a. shiloh initially invested $125, which grows annually at a rate of 1.025%. b. shiloh initially invested $125, which grows annually at a rate of 2.5%. c. shiloh initially invested $1,025, which grows annually at a rate of 1.25%. d. shiloh initially invested $1,025, which grows annually at a rate of 12.5%.
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Shiloh opens a savings account in which interest is compounded annually. the balance in the account...
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