Money that is collecting interest in a bank account doubles in value
every 10 years.
When the...
Mathematics, 09.01.2021 03:30 Crxymia
Money that is collecting interest in a bank account doubles in value
every 10 years.
When the account was opened, it had 16, or 24 dollars in it. After 50
years, the account balance has doubled 5 times, increasing by a factor
of 25.
It now has a balance of 24. 25. Expressed as a power, how much
money, in dollars, is in the account after 50 years?
Answers: 2
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