Mathematics, 02.03.2021 20:00 brandiwingard
A principal of $1,500 is deposited in an account that pays 6.2% interest yearly. Find the balance after 7 years. Use the Exponential Growth Model.
y = C(1 + r)t
a $208,971,104
b $2,285
c $3,285
d $4,285
Answers: 3
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