document.write( "Question 1176618: Arianna is investing 6,000 to get ready for college expenses. her bank offers an annual growth rate of 5.8% and she plans to do this for 4 years. How much will she save after 4 years\r
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document.write( "What is the exponential function to model the situation?\r
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document.write( "How much will she have saved after 4 years. \n" );
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Algebra.Com's Answer #803806 by ikleyn(52835)![]() ![]() You can put this solution on YOUR website! . \n" ); document.write( " \r\n" ); document.write( "\r\n" ); document.write( "The exponential function for the Future Value is (assuming compound account)\r\n" ); document.write( "\r\n" ); document.write( "\r\n" ); document.write( " FV =\r \n" ); document.write( "\n" ); document.write( "Solved.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "------------------\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "To see many other similar solved problems on compounded interest accounts, look into the lesson\r \n" ); document.write( "\n" ); document.write( " - Compounded interest percentage problems \r \n" ); document.write( "\n" ); document.write( "in this site.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |