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Suppose $5,000 is invested at 3% annual interest, compounded monthly a.) write a function that describes...

Suppose $5,000 is invested at 3% annual interest, compounded monthly

a.) write a function that describes the value of the investment after t years

b.) how much is the investment worth after 3 years?

c.) When is the investment worth $8,000?

Math   Calculus   
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