banguiano378 banguiano378

24-03-2021
Mathematics

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Suppose you invest $1600 at an annual interest rate of 4.6% compounded annually. write a function to represent the total earnings E(t) as a function of time in years t

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starsilverfish starsilverfish

24-03-2021

Answer:

E(t)=1600(1+0.046)^t

Step-by-step explanation:

1600=the initial/principal amount

0.046=annual interest rate

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