Timesy
Answered

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$4,700 is invested in an account earning 6.2% interest (APR), compounded
quarterly. Write a function showing the value of the account after t years, where the
annual growth rate can be found from a constant in the function. Round all
coefficients in the function to four decimal places. Also, determine the percentage of
growth per year (APY), to the nearest hundredth of a percent.

Sagot :

darkwolf0185

Answer:

(5 x (-20)) * (100 x (0.7))

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