Ces Question 3 0/1 pt 399 Details The amount of money, A(t), in a savings account that pays 6% interest, compounded quarterly for t years, when an initial investment of $5900 is made, is given by A(t)=5900(1.015). Find A(6) - A(2) 6-2 Interpret the result

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section5.3: The Natural Exponential Function
Problem 9E
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Ces
Question 3
0/1 pt 399 Details
The amount of money, A(t), in a savings account that pays 6% interest, compounded quarterly for t years,
when an initial investment of $5900 is made, is given by
A(t)=5900(1.015).
Find
A(6) - A(2)
6-2
Interpret the result
Transcribed Image Text:Ces Question 3 0/1 pt 399 Details The amount of money, A(t), in a savings account that pays 6% interest, compounded quarterly for t years, when an initial investment of $5900 is made, is given by A(t)=5900(1.015). Find A(6) - A(2) 6-2 Interpret the result
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