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You invest $1200 in a savings account with 1.3% interest compounded monthly. Write an equation to represent the value of the account after t years.

You invest $1200 in a savings account with 1.3% interest compounded monthly. Write an equation to represent the value of the account after t years.

Algebra and Trigonometry (6th Edition)
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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9. You invest $1200 in a savings account with 1.3% interest compounded monthly. Write an equation to represent the value of the account after t years. (Assuming you don't take any money out or put any money in during those years.) Enter your answer
Transcribed Image Text:9. You invest $1200 in a savings account with 1.3% interest compounded monthly. Write an equation to represent the value of the account after t years. (Assuming you don't take any money out or put any money in during those years.) Enter your answer
10 You invest $1200 in a savings account with 1.3% interest compounded monthly. How much money is in the account after 6 years? (Assuming you don't take any money out or put any money in over those 6 years.) You may want to use https://www.desmos.com/scientific Enter your math answer Back Next Page 2 of 5 This content is created by the owner of the form. The data you submit will be sent to the form owner. Microsoft is not responsible for the privacy or security practices of its customers, including those of this form owner. Never give out your password. al (2P-Frett-E. ip 17 fg 144 ho &
Transcribed Image Text:10 You invest $1200 in a savings account with 1.3% interest compounded monthly. How much money is in the account after 6 years? (Assuming you don't take any money out or put any money in over those 6 years.) You may want to use https://www.desmos.com/scientific Enter your math answer Back Next Page 2 of 5 This content is created by the owner of the form. The data you submit will be sent to the form owner. Microsoft is not responsible for the privacy or security practices of its customers, including those of this form owner. Never give out your password. al (2P-Frett-E. ip 17 fg 144 ho &
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