Solve the problem.
-Find the amount in a savings account at the end of 4 years if the amount originally deposited is $9000 and the interest rate is 5.5% compounded monthly. Use: where:
final amount
(the initial deposit)
(the annual rate of interest)
(the number of times interest is compounded each year)
(the duration of the deposit in vears)
A) $433,980.00
B) $12,329.96
C) $9166.14
D) $11,209.06
Correct Answer:
Verified
Q20: Use transformations to graph the function.
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