Mathematics, 18.10.2021 18:20 LJOrozco
You have $202.71 in a bank account that is paying you 2% interest. You decide to pull out the money from this account half way through the year (t=12). How much money do you get to take out of your account? Use this equation:
P(t)=202.71(1.02)t
t represents years and P represents total amount of money in the account.
options:
$212.87
$204.73
$413.53
$103.38
Answers: 2
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