Chris deposited $1,000 into an account that earned 8% compound interest over 48 months. What is the account value earned after 4
1 answer:
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Answer:
option d
{ 4, 8 , 16 , 32 }
Step-by-step explanation:
Given in the question a function
f(x) = 2x
initial value=2
First iteration
f(2) = 2(2)
= 4
Second iteration
f(4) = 2(4)
= 8
Third iteration
f(8) = 2(8)
= 16
fourth iteration
f(8) = 2(16)
= 32
