Select the simplification that accurately explains the following statement.

rx and sx

step-by-step explanation:

i’m here for points.

answer

you start with $5 and save $10 a week until you have at least $45wer

step-by-step explanation:

this is the formula: v = the value of investment at the end of the time period

p = the principal amount (the initial amount invested)

r = the annual interest rate

n = the annual frequency of compounding (how many times a year interest is added)

t = the number of years the money is invested

^ means raise to the power of