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anonymous
 one year ago
Samantha puts an initial $500 into a savings account. The account has a 4% annual compound interest rate. What is the function that best represents Samantha's account and how much does she have in savings after 5 years? Round your answer to the nearest dollar.
Hint: Use the formula, f(x) = P(1 + r)x.
anonymous
 one year ago
Samantha puts an initial $500 into a savings account. The account has a 4% annual compound interest rate. What is the function that best represents Samantha's account and how much does she have in savings after 5 years? Round your answer to the nearest dollar. Hint: Use the formula, f(x) = P(1 + r)x.

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welshfella
 one year ago
Best ResponseYou've already chosen the best response.0here P = 500 and r = rate , x = 5 years write the rate 4% as a decimal

welshfella
 one year ago
Best ResponseYou've already chosen the best response.0so just plug in P = 500 , r = 0,04 and x = 5
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