In 2003, a principal of $2100 was invested at 4.75% interest, compounded annually. Let t be...

In 2003, a principal of $2100 was invested at 4.75% interest, compounded annually.

Let t be the number of years since 2003. Let y be the value of the investment, in dollars.

Compose an exponential function showing the relationship between y and t.

Expert Solution

milcah answered 2 years ago

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