Mathematics, 12.05.2021 06:40 loveuncondition

Alyssa would like to buy some new furniture for her home. She decides to buy the furniture on credit with 9.5% interest compounded quarterly (4 times per year).
If she spent $7,400, what exponential equation can be used to find how much she will pay after 8
years.
What’s the equation?

Answers: 3

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Alyssa would like to buy some new furniture for her home. She decides to buy the furniture on credit with 9.5% interest compounded quarterly (4 times per year). If she spent $7,400, what exponential equation can be used to find how much she will pay after 8 years. What’s the equation?

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Alyssa would like to buy some new furniture for her home. She decides to buy the furniture on credit with 9.5% interest compounded quarterly (4 times per year).
If she spent $7,400, what exponential equation can be used to find how much she will pay after 8
years.
What’s the equation?