Write a compound interest function to model each situation. Then find the balance after the given number of years.
1 answer:
Answer:
See explanation
Step-by-step explanation:
The standard compound interest formula is
where:
P is the principal amount
r is the interest rate (typically as a percentage)
t is the time
n is the times compounded per unit of time
So,
1) 
2) 
3) 
You should check my answers though, I may have mixed up some terms.
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