Asked by Ced
following the birth of his son, Ben deposits $35,000 in a college trust fund where interest is 8.9% compounded semiannually. find a function for the amount in the account after t years.
Answers
Answered by
Damon
i = .089/2 = .0445
X = 35,000 (1.0445)^(2t)
X = 35,000 (1.0445)^(2t)
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