A student wants to save $8000 for college in 5 years. How much should be put into an account that pays 5.2% annual interest comp
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Hello!
The variable "n" represents an exponent.
An exponent is used to multiply a number (b) by itself "n" times. For example, if the expression were to read (b²) it would represent the following:
b × b
The same could be said for (b³):
b × b × b
Even (
):
b × b × b × b × b × b × b × b × b × b
I hope this helps!
The variable "n" represents an exponent.
An exponent is used to multiply a number (b) by itself "n" times. For example, if the expression were to read (b²) it would represent the following:
b × b
The same could be said for (b³):
b × b × b
Even (
b × b × b × b × b × b × b × b × b × b
I hope this helps!