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he function,f(t) , describes the amount of money you would have in a savings account aftert years under the following assumptions: Att=0 , you initially

he function,f(t)

, describes the amount of money you would have in a savings account aftert

years under the following assumptions:

  1. Att=0
  2. , you initially have $600 in your savings account.
  3. Your account earns 1.15% interest annually.
  4. Your bank compounds interestdaily.

f(t)=600(1+0.0115/365)^365t

How much money would you have in your savings balance after 3 years using the assumptions above?

$

Incorrect

Your Answer:621.00

(Round to the nearest cent)

How much interest would you have earned by leaving your money in your savings account for 3 years?

$

(Round to the nearest cent)

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