kingofkings3032
kingofkings3032 kingofkings3032
  • 07-12-2019
  • Mathematics
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levineuwirth
levineuwirth levineuwirth
  • 07-12-2019
You’ll need to make an exponential function in order to find your answer.
Let’s try the function f(x) = 870(1.037)^x.
Then, plug in three for x and your output will be the answer. Remember, you’re being asked for the balance, NOT the yield.
The answer is $970.19
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