Algebra and Trigonometry (6th Edition)
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN: 9780134463216
Author: Robert F. Blitzer
Publisher: PEARSON
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A principal of $5000 was invested at 4.75% interest, compounded annually.
Let / be the number of years since the start of the investment. Let y be the value of the investment, in dollars
Write an exponential function showing the relationship between y and t.
O=0
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Transcribed Image Text:A principal of $5000 was invested at 4.75% interest, compounded annually. Let / be the number of years since the start of the investment. Let y be the value of the investment, in dollars Write an exponential function showing the relationship between y and t. O=0
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