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iogann1982 [59]
3 years ago
8

Write a formula that describes the value of an initial investment of $1200, growing at an interest rate of 4%, compounded monthl

y
Mathematics
1 answer:
Flauer [41]3 years ago
4 0

Answer:

f(x)=1200(1.04)^n

Step-by-step explanation:

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The correct question is 
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