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investor deposits $2, 500 into a retirement savings account that earns 8% interest annually. If no additional deposits or withdrawals are made, and s represents the total amount of money, in dollars, in the account & years since the initial deposit, which equation represents the situation?

asked
User Sfzhang
by
7.6k points

1 Answer

4 votes

Answer:

s=2500x(1+0.08)t

Explanation:

Thats the equation!

answered
User Neilmarion
by
8.7k points

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