marierobinson77 marierobinson77

20-03-2018
Mathematics

contestada

You deposit $600 into an account that pays 6% interest compounded annually. Find the multiplier for the rate for exponential growth.

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mathstudent55 mathstudent55

20-03-2018

6% = 0.06
1 + 0.06 = 1.06

Answer: 1.06

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