For the following exercises, use the compound interest formula, How much more would the account in Exercises
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For the following exercises, use the compound interest formula,
How much more would the account in Exercises #31 and #34 be worth if it were earning interest for 5 more years?
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A(t) = P(1 + 7)". r nt
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so we now have an account so its been accumulating interest for a set amount of time and we want to ...View the full answer
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