3 years ago

Erika invested $6,000 in a bond at a yearly rate of 3% for 2.5 years. How much interest did she earn?

Mathematics

1 answer:

hram777 [196]3 years ago

4 0

Answer:

Step-by-step explanation:

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Geomertric sequence- A bank account earns a constant rate of interest each month. The account was opened on March 1 aith $18,000

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A₀ = 18 000(1 + 0.0025)⁰
A₁ = 18 000(1 + 0.0025)¹
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Can you elaborate please? What does p and m mean?

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