Libby invested $2000 into a CD with a 5% annual interest rate - this means every year her money grows by 5%. a) Write an equation representing the amount of money in the CD over time. b) How much money will Libby have after 25 years?
Libby invested $2000 into a CD with a 5% annual interest rate - this means every year her money grows by 5%. a) Write an equation representing the amount of money in the CD over time. b) How much money will Libby have after 25 years?
Chapter10: Exponential And Logarithmic Functions
Section10.2: Evaluate And Graph Exponential Functions
Problem 10.31TI: Angela invested $15,000 in a savings account. If the interest rate is 4%, how much will be in the...
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Part a,b
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