Answered

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If an investment's value can be modeled with A= 325 (1+.027/12)^12t
then which of the following describes the investment?

Sagot :

madethisfortwitch1

Answer:

Step-by-step explanation:

It's an investment that has a nominal interest rate of 2.7% compounded monthly

3. The investment has a nominal rate of 27% compounded 12 times per year

Given that,

  • The investment value should be [tex]A= 325 (1+.027\div 12)^12t[/tex].

Based on the above information, the information is as follows:

The above formula represent that the investment should have the nomibal rate of 27% that compounded 12 times per year.

Learn more: brainly.com/question/17429689

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