Mathematics, 09.11.2021 23:30 queenjade2614

The expression P(1 + r)" models the amount of money in an account where Pis the initial amount, ris the interest rate (expressed as a dec-
imal), and n is the number of years. The table shows the amount of
money that Catie and Michael have after a number of years.
Catie
Michael
Amount of Money
125(1.07)
95(1 +0.045)

The expression P(1 + r) models the amount of money in an account

where Pis the initial amount, r

Answers: 3

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