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Create the exponential equation based on the scenario below: $2000 is invested in an account at an interest rate of 1.8% compounded continuo
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Create the exponential equation based on the scenario below: $2000 is invested in an account at an interest rate of 1.8% compounded continuously
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Mathematics
3 years
2021-09-05T14:37:05+00:00
2021-09-05T14:37:05+00:00 1 Answers
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Answer:
P(t) = 2000 · e^((1.8 / 100) ·t)
Step-by-step explanation: