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The equation A(t)=1000(1.1)t represents a mutual fund investment of 1000 that earns 10% interests each year. a) How would this equation change if the interest
The equation A(t)=1000(1.1)t represents a mutual fund investment of 1000 that earns 10% interests each year.
a) How would this equation change if the interest was calculated semi-annually?
b)Write an equation to show an investment of 200 that earns 5% interest calculated monthly.
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