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VladimirAG [237]

3 years ago

14

rhonda deposited $3000 in an account in the merrick national bank, earning 4.2% interest, compound annually. she made no deposit

s or withdrawls. write an equation that can be used to find b, her account balance after t years

1 answer:

Vinil7 [7]3 years ago

7 0

B= 3000+0.042x3000xT

(3000 dollars to begin with, plus 4.2% interest of that 3000 after t amount of years)

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