Every day, you take the elevator from the basement parking lot that is at level -3. The elevator takes two seconds per level and
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Answer:
where t is in years
Step-by-step explanation:
I'm going to assume that the expectation that Cameron has is the amount of money after t years.
We can use the simple interest formula where A is the final amount, P is the principal, r is the rate, and t is time.
We can plug in 10,000 for P and 0.05 for r, giving us