Mathematics, 25.06.2019 09:30 alexisgilford

An investment of $500 earns interest at an annual interest rate of 13%. the equation for this investment is b = 500(1.13)t, where b represents the balance and t is the number of years. write an equivalent equation that displays the effective monthly interest rate.

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An investment of $500 earns interest at an annual interest rate of 13%. the equation for this invest...