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Mathematics, 28.05.2020 14:59 mimi5937

Ian has a bank account that earns interest. The value,

V

V

, in dollars, of Ian's account after

t

t

years can be modeled by the exponential function

V(t)=5000(1.025

)

t

V(t)=5000(1.025)t

.

Ian claims that the value of his bank account grows by an equal factor each year. To prove his claim, which equation must he show to be true?

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Answers: 3

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Ian has a bank account that earns interest. The value,

V

V

, in...
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