Westonci.ca is the ultimate Q&A platform, offering detailed and reliable answers from a knowledgeable community. Discover comprehensive solutions to your questions from a wide network of experts on our user-friendly platform. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.
Sagot :
The exponential function that represents the future value of the investment is $300(1.04)^t.
What is the exponential function?
The exponential function that can be used to determine the future value of the investment is:
FV = P (1 + r)^nm
- FV = Future value
- P = Present value
- R = interest rate
- m = number of compounding
- N = number of years
$300(1.04)^t.
Where t represents number of years
To learn more about future value, please check: https://brainly.com/question/18760477
We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Get the answers you need at Westonci.ca. Stay informed with our latest expert advice.
