The function (t) = 1,000(1.06)2t models the value of an investment after tyears. Part B: What does the coefficient"2" represent in the exponent of the function? the total amount of money earned in the

The function (t) = 1,000(1.06)2t models the value of an investment after tyears.

Part B: What does the coefficient"2" represent in the exponent of the function?
the total amount of money earned in the investment
the initial amount of money invested
the number of compounding periods per year
the interest rate of the investment

1 Answer

The function (t) = 1,000(1.06)2t models the value of an investment after tyears. Part B: What does the coefficient"2" represent in the exponent of the function? the to…

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

Please log in or register to add a comment.

Related questions

Categories

Other Questions