OpenStax, Algebra and Trigonometry 2e §6.1 Exponential Functions · Exercise 44 · Algebra · Exponentials & logarithms

Exponential Functions · Exercise 44

Use the compound interest formula, $A (t) = P (1 + \frac{r}{n})^{n t} .$

How much more would the account in the previous two exercises be worth if it were earning interest for $5$ more years?

~8 minWritten answer · compare with the solution

OpenStax, Algebra and Trigonometry 2e · §6.1 Exponential Functions · Exercise 44

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