jakobjones0630 jakobjones0630
  • 08-12-2021
  • Mathematics
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A bank account, initially with $3200, earns interest at a rate of 5.5% compounded monthly. Write an equation for the amount of money in the account at a time,x.

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culpmart89
culpmart89 culpmart89
  • 08-12-2021

Answer:  The compound interest formula is an equation that lets you estimate how much you will earn with your savings account.

Step-by-step explanation:

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