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in march 2021, a bank launched its saving account offering 1.60% interest. if the inerest is reinvested daily, find the assiciated exponentail model for the
in march 2021, a bank launched its saving account offering 1.60% interest. if the inerest is reinvested daily, find the assiciated exponentail model for the value of a $4000 deposit after t years. (use 365 days per year) A(t)= ?? Assuming that this rate of return continued for six years, how much (in dollars), would a deposit of $4000 i march 2021 be worth in march 2027? (Answer to the nearet $1.)
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