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I need an answer and solution smartermarks.com C O SmarterMarks :: Sittingstudents Written Response Use the following information to answer the next question Samuel invests
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smartermarks.com C O SmarterMarks :: Sittingstudents Written Response Use the following information to answer the next question Samuel invests $5000 with a bank and a 6.0% yearly growth rate. 17. a) Write an exponential function that could be used to model the value of the investment, v(t), aftertyears since the initial investment was made. (1 mark) b) Using your equation from part a), determine the value of the investment, to the nearest dollar, 5 years after the initial investment was made. (1 mark) 0) Determine the interest earned, to the nearest dollar, on the investment after 5 years. (1 mark) Your answer: 4 Prev Next > \fStep by Step Solution
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