Mathematics, 25.05.2021 23:00 jtg23
At the beginning of each year, the number of books on my library was 10,000. Since then, it has grown by 2% each month.
Which expression represents a number of books owned by the library for years later if it continues to grow at that rate?
A) 10,000 (1.02)^48
B) 10,00 ((1 + 0.02)^12)^48
C) 10,000 (1.02) ^4
D) 10,000 (0.02)^48
E) 10,000 ((1 + 0.02)^12)^4
Answers: 3
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