anonymous
  • anonymous
In the savings plan formula, assuming all other variables are constant, the accumulated balance in the savings account a. increases as APR increases. b. decreases as Y increases. c. decreases as n increases
Mathematics
chestercat
  • chestercat
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anonymous
  • anonymous
what is the question?
anonymous
  • anonymous
what happens to the savings?
anonymous
  • anonymous
Ya I think so

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anonymous
  • anonymous
or give a formula?
anonymous
  • anonymous
No formula. See there are three options above?
anonymous
  • anonymous
a, b, & c
anonymous
  • anonymous
it looks like A
anonymous
  • anonymous
because APR is and exponent of "e"
anonymous
  • anonymous
so it would increase the total value
anonymous
  • anonymous
cool?

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