A company invests $10,000 in a mutual fund account that earns a fixed interest per year. The account balance, Alt), in dollars, after

Question

A company invests $10,000 in a mutual fund account that earns a fixed
interest per year. The account balance, Alt), in dollars, after t years is shown
in the table below.
t
1
2
3
Alt)
10,800.00
11,664.00
12,597.12
Which of the following equations represents Aſt)?
A(t) = 10,000 + 1.08t
A(t) = 10,000(1.08) – 1
A(t) = 10,800(1.08)
A(t) = 10,800(1.08) – 1
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Farah 2 months 2021-07-29T09:20:39+00:00 1 Answers 3 views 0

Answers ( )

    0
    2021-07-29T09:22:21+00:00

    Answer:

    a(t)=10000+1.08t

    Step-by-step explanation:

    t

    1

    2

    3

    Alt)

    10,800.00

    11,664.00

    12,597.12

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