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Your money grows at a rate of 8% a year if you originally invest $2,000 what is the function that represents your money after t years

Your money grows at a rate of 8% a year if you originally invest $2,000 what is the function that represents your money after t years
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4 votes
Your money grows at a rate of 8% a year if you originally invest $2,000 what is the function that represents your money after t years

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User Schellack
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8.4k points

1 Answer

4 votes

Answer:

2000*(1.08)^t where t is years after deposit

Explanation:

answered
User Jihor
by
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