Exponential Equations to Compute Interest
P(t) = P. (1+r)'
Suppose you invest $1,000 into a...
Mathematics, 02.10.2021 20:50 PrinceBaphomet
Exponential Equations to Compute Interest
P(t) = P. (1+r)'
Suppose you invest $1,000 into a savings bond that earns 1.5% interest per
year (APR). What is the principle after.
1 year?
2 years?
5 years?
10 years?
30 years?
Answers: 1
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