22. Suppose you deposit $800 in an account paying 4.5% interest, compounded annually. Whích expression represents the value of the investment after 10 years? 800 • 1.4510 a. b. 800 • 0.04510 С. 800 • 1.04510 d. 800 • 101.045

Intermediate Algebra
10th Edition
ISBN:9781285195728
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter11: Exponential And Logarithmic Functions
Section11.2: Applications Of Exponential Functions
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22. Suppose you deposit $800 in an account paying 4.5% interest, compounded annually. Which expression
represents the value of the investment after 10 years?
SA-
a.
800 • 1.4510
b.
800 • 0.04510
С.
800 • 1.04510
d.
800 • 101.045
Transcribed Image Text:22. Suppose you deposit $800 in an account paying 4.5% interest, compounded annually. Which expression represents the value of the investment after 10 years? SA- a. 800 • 1.4510 b. 800 • 0.04510 С. 800 • 1.04510 d. 800 • 101.045
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