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The balance in an investment account years t after the account is opened is given by...

The balance in an investment account years t after the account is opened is given by 7500(1.065t). Compute the average rate of change for 2.5 ≤ t ≤ 3.5. (Round your answer to two decimal places.) Δ balance/ Δt=?

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milcah answered 2 years ago

Account Balance after 3 years

You deposit $1000 into a saving account with 9% interest per annum. Assuming no transactions on the account, determine the account balance after 3 years.

A. Two years ago, you opened an investment account and deposited $6,000. One year ago, you...

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The formula for the amount A in an investment account with a nominal interest rate r at any time t is given by A(t) = a(e)rt, where a is the

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Your investment account is expected to earn a 5% return for next two years and then 8% return for next four years after that.

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