asked 113k views
3 votes
Carlos opened a bank account with a deposit of 4,600 that earned 14% interest every there year. he world like to know how longWrite an exponential equation the represents the declining and provide a brief explanation for your equation

1 Answer

5 votes

Given:

P = $4,600

Interest rate = r = 14% = 0.14

answered
User Karanveer Singh
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8.1k points
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