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Mathematics, 25.11.2021 06:40 leleee10

Scrooge invests $500. He found a bank that would pay him 4% interest, compounded monthly. a) Type of exponential function.

b) Write a function to represent the situation.

c) If he deposits the whole $500 and does not deposit or withdraw any other amount, how much money would he have after 4 years?

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