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PilotLPTM [1.2K]
3 years ago
9

Scott invests $1000 at a bank that offers 6% compounded annually. Write an equation to model the growth of the investment.

Mathematics
2 answers:
mafiozo [28]3 years ago
6 0
A = 1000(1.06)^t     where A is the amount of the investment after t years.
Harrizon [31]3 years ago
6 0

Answer:

the answer is A= 1000(1.06)^t

Step-by-step explanation:

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