Mathematics, 15.12.2021 14:00 edailey7230
You invest $750 at 6% per annum at a bank that pays compound interest.
a) How much compound interest would be earned in the first year?
b) Create an equation to represent this situation over t years. Refer to examples from Chapter 7.
c) If you kept your money invested for 8 years, how much money would be in your account?
Answers: 2
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You invest $750 at 6% per annum at a bank that pays compound interest.
a) How much compound intere...
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