Nayda26603
Nayda26603 Nayda26603
  • 08-06-2017
  • Mathematics
contestada

An initial deposit of $50 is made into an account that had a 5% interest rate compounded annually. Which expression shows the amount of money in the account after t years?

50(105)t
50(1.05)t
50(.05)t
50(5)t

Respuesta :

Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 08-06-2017
Hi there
The answer is
50(1.05)t

Hope it helps
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