SOLUTION: If c dollars are deposited in an account paying R% annual interest, the amount after x years is A=C(1+r)^x. Approximate the amount of the account after x years when C=$100, r=16% a
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Question 453362: If c dollars are deposited in an account paying R% annual interest, the amount after x years is A=C(1+r)^x. Approximate the amount of the account after x years when C=$100, r=16% and x=21 yrs
I thank-you Answer by rfer(16322) (Show Source):