nicoledeckerroy12 nicoledeckerroy12
  • 10-05-2021
  • Mathematics
contestada

Which expression represents the growth of an investment of $2,000 at 4% per year for a period of t years?

2000t1.04
2000(0.04)t
2000(1.04)t
2000(1.4)t

Respuesta :

chefshow chefshow
  • 10-05-2021

Answer:

2,000(1.04)t

Step-by-step explanation:

To determine this answer, you would use the formula initial value (1 + interest) times the number of years. This would equal 2,000(1.04)t.

Answer Link
lolacromwell7
lolacromwell7 lolacromwell7
  • 30-09-2021

Answer:

Which expression represents the growth of an investment of $2,000 at 4% per year for a period of t years?

  • 2000t1.04
  • 2000(0.04)t
  • 2000(1.04)t  <<<CORRECT
  • 2000(1.4)t

Step-by-step explanation:

Edge 2021

Answer Link

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