Evelyn deposited $3,000 into her bank account, which earns 4 percent interest compounded annually. She uses the

Question:

Evelyn deposited $3,000 into her bank account, which earns 4 percent interest compounded annually. She uses the expression $3,000(x)t to find the value of the account after t years.

What is the value of x in the expression?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question

Acing The New SAT Math

ISBN: 9780975475355

1st Edition

Authors: Thomas Hyun

Question Posted: