The following is a partial balance table simple interest account that deposits t interest every year. Number of years, t 0 10 B Account Balance, B(t) What was the total percentage yield of initial amount deposited after 10 years Okay $1,987.42 $2,245.83 I U A |||||| |||| |

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.59TI: New grandparents decide to invest 3200 per month in an annuity for their grandson, The account will...
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7:14 1
The following is a partial balance table for a
simple interest account that deposits the
interest every year.
Number of years,
t
0
10
B
ŚĆ + A
What was the total percentage yield of the
initial amount deposited after 10 years?
Okay
Account Balance,
B(t)
QWE
123
$1,987.42
$2,245.83
I U A
|
lılıl
|||||
TYUIOP
ASDF GHJKL
space
=
I'm
ZXC CVBNM ×
return
!
Transcribed Image Text:7:14 1 The following is a partial balance table for a simple interest account that deposits the interest every year. Number of years, t 0 10 B ŚĆ + A What was the total percentage yield of the initial amount deposited after 10 years? Okay Account Balance, B(t) QWE 123 $1,987.42 $2,245.83 I U A | lılıl ||||| TYUIOP ASDF GHJKL space = I'm ZXC CVBNM × return !
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