Mathematics, 17.11.2020 14:00 slmjmlawson

The total amount of money in a savings account after t years is given by the function A=1000(1.023)^t. How could this function be rewritten to identify the monthly interest rate? What is the approximate monthly interest rate?. Look at the picture

The total amount of money in a savings account after t years is given by the function A=1000(1.023)

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