3 years ago

How do you write the equation for 4.

1 answer:

8 0

This is an exponential growth problem of the form:

F=Ir^t, F=final amount, I=initial amount, r=rate, t=time

In this case:

F=50(1.08^t)

F(17)=50(1.08^17)

F(17)=$185.00

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