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Mathematics, 21.07.2020 21:01 tavito968

Ian has a bank account that earns interest. The value, V, in dollars, of Ian's account after T years can be modeled by the exponential function 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?

a) V(t+1)−V(t)=1.025

b) V(t)−V(t+1)=1.025

c) V(t+1)V(t)=1.025

d) V(t)V(t+1)=1.025

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Ian has a bank account that earns interest. The value, V, in dollars, of Ian's account after T years...
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