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Asked by Katie

You deposit $400 in a savings account that earns 7% interest compounded annually. What is the function that represents your balance after t years?
9 years ago

Answers

Answered by Reiny
just sub into the basic formula:

amount = 400(1.07)^t
9 years ago
Answered by von
whats the balance after 2 years
4 years ago

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