The height of bamboo is proportional to its age. Use the graph to determine how long it takes for bamboo to reach a height of 12
0 inches,
1 answer:
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Answer
Total amount earned after 16 years = $93649
Explanation:The principal, P = $50,000
Interest rate, r = 4% = 4/100
r = 0.04
The time, t = 16 years
Number of times intesrest is compounded per year, n = 1
Total amount is calculated below:
Total amount earned after 16 years = $93649