Mathematics, 21.05.2020 23:06 19cinana
Aunt Ga Ga gave you $5,500 to save for college. You deposit the money in a savings account that earns 4% annual interest, compounded quarterly.
A. Write an exponential function to model this situation. Define your variables
B. What will the value of the account be after 2 years?
C. How long will it take the account to be worth $10,000?
Answers: 2
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Aunt Ga Ga gave you $5,500 to save for college. You deposit the money in a savings account that earn...
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