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Mathematics, 06.10.2019 15:50 BABA761
Dwight deposits $150 into his new savings account. the account earns 5% interest compounded annually.
write a function to model the amount in his account, a, over t years, assuming he makes no other deposits or withdrawals. write your function in the form a=p(1 +r)^t
2points
use the math editor to write your function.
answer the question in complete sentences.
hint:
p is the initial amount in the account.
change the interest rate from a percent to a decimal by moving the decimal 2 places to the left and substitute this number in for r.
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Dwight deposits $150 into his new savings account. the account earns 5% interest compounded annually...
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