Mathematics, 07.05.2021 17:20 postorivofarms
Michelle uses the function f(x) = 1,000(1 + r)x to calculate the total amount she has in her savings account x years after she opened the account. After 2 years, Michelle has $1,060.90 in the account. What is the annual interest rate for the account?
A. 2%
B. 3%
C. 6%
D. 8%
Answers: 3
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Michelle uses the function f(x) = 1,000(1 + r)x to calculate the total amount she has in her savings...
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