SOLUTION: Your parents open an account with an initial investment of $6000. The account pays interest at a rate of 4% compounded yearly.
Write a function that models the account balance ove
Algebra ->
Customizable Word Problem Solvers
-> Finance
-> SOLUTION: Your parents open an account with an initial investment of $6000. The account pays interest at a rate of 4% compounded yearly.
Write a function that models the account balance ove
Log On
Question 893296: Your parents open an account with an initial investment of $6000. The account pays interest at a rate of 4% compounded yearly.
Write a function that models the account balance over time. Answer by Fombitz(32388) (Show Source):