The interest on an account increases exponentially. If an initial investment of $4000 earns $1300 in three years, what is the rate of increase at the end of that year? O $510.11 O $503.72 $497.14 O $475.00
The interest on an account increases exponentially. If an initial investment of $4000 earns $1300 in three years, what is the rate of increase at the end of that year? O $510.11 O $503.72 $497.14 O $475.00
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.7: Simple And Compound Interest
Problem 23E
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