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Betty currently has $2000

Betty currently has $2000
asked 155k views
5 votes
Betty currently has $2000

Betty currently has $2000-example-1
asked
User Andy West
by
8.5k points

1 Answer

6 votes

Answer:

Interest rate increases by 100%+n%

n% = 1.5%

100%+1.5%=101.5%=1+0.015=1.015^x

so its y = 2000(1.015)^x

answered
User Darxtar
by
7.0k points
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