Part 1) you deposit $100 in a bank account that earns 5% interest, compounded monthly.
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Mathematics, 04.12.2019 14:31 Osmin
Part 1) you deposit $100 in a bank account that earns 5% interest, compounded monthly.
part 2) using the function a(t)=p(1+ (r/n))nt, create the function that represents the amount, a, in your account after t years.
part 3) how long will it take until you have $125?
Answers: 2
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