The value of an investment of $3,500 over t years at 4.5% interest is represented by the expression 3500(1.045)t. Which kind of expression is 3500(1.045)t?

Question

asked Mar 25, 2023 32.9k views

1 Answer

Schleir · Answer 1 · 2023-03-31T11:30:33+0000

Answer:

Geometric Sequence

Explanation:

Geometric Sequences are sequences in which each term is found by multiplying the preceding term by the same value