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4. Nina deposits $400 in an account that earns 4% interest, compounded annually.

A. What is the initial value of the account?

B. What function represents the balance after t years?

C. What is the value of the account after 5 years? (Use a calculator.)

Respuesta :

ifesynwajesuschrist

Answer:

a. $400

b. f(t) = 400(1.04)^t

c. $486.66¢

Step-by-step explanation:

Please kindly see the attached files for explanation

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