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O EXPONENTIAL AND LOGARITH MIC FUNCTIONSFinding a final amount in a word problem on exponential growth..A principal of $4700 is invested at 4.25% interest, compounded annually. How much will the investment be worth after 9 years?Use the calculator provided and round your answer to the nearest dollar.X

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O EXPONENTIAL AND LOGARITH MIC FUNCTIONS
Finding a final amount in a word problem on exponential growth..
A principal of $4700 is invested at 4.25% interest, compounded annually. How much will the investment be worth after 9 years?
Use the calculator provided and round your answer to the nearest dollar.
X
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O EXPONENTIAL AND LOGARITH MIC FUNCTIONS Finding a final amount in a word problem on exponential growth.. A principal of $4700 is invested at 4.25% interest, compounded annually. How much will the investment be worth after 9 years? Use the calculator provided and round your answer to the nearest dollar. X

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Step 1

Given:

The Principal amount, P = $4,700.

Time, t = 9 years.

Rate of interest, r...

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