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Gary put $849,000 in a certificate of deposit in the year 2001. The amount of money in his certificate of deposit increases by 4% every year. Which of the following is an expression for the amount of money in Gary's account in the year 2012? A $849,000(5)" B) $849,000(1.4)!! S849,000(1.04)!" (S849,000 × 1.04)|

Gary put $849,000 in a certificate of deposit in the year 2001. The amount of money in his certificate of deposit increases by 4% every year. Which of the following is an expression for the amount of money in Gary's account in the year 2012? A $849,000(5)" B) $849,000(1.4)!! S849,000(1.04)!" (S849,000 × 1.04)|

Intermediate Algebra
Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.49TI: Nathaly deposited $12,500 in her bank account where it will earn 4% simple interest. How much...
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Gary put $849,000 in a certificate of deposit in the year 2001. The amount of money in his certificate of deposit increases by 4% every year. Which of the following is an expression for the amount of money in Gary's account in the year 2012? A S849,000(5)" В $849,000(1.4)" $849,000(1.04)" D (S849,000 x 1.04)"
Transcribed Image Text:Gary put $849,000 in a certificate of deposit in the year 2001. The amount of money in his certificate of deposit increases by 4% every year. Which of the following is an expression for the amount of money in Gary's account in the year 2012? A S849,000(5)" В $849,000(1.4)" $849,000(1.04)" D (S849,000 x 1.04)"
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