Mathematics, 11.03.2021 01:40 marlandwilliams10
Which of the situations could be represented with the equation below?
f(x) = 750 (1 + 0.05/4)^4x
You deposit $750 in a savings account that earns 1.05% annual interest compounded yearly.
You deposit $750 in a savings account that earns 5% annual interest compounded quarterly.
You deposit $750 in a savings account with a fixed interest rate of 5%.
You deposit $750 in a saving account compounded semi-annually.
PLEASE HEL
Answers: 2
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Which of the situations could be represented with the equation below?
f(x) = 750 (1 + 0.05/4)^4x
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