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3 May, 14:35

Joanna uses this exponential expression to determine the value of her savings account in five years. Which term represents the initial value of

her account?

5,000 (1 + 0.04/12) 12t

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Answers (1)
  1. 3 May, 14:56
    0
    5000

    Step-by-step explanation:

    Initial is at t = 0

    5,000 (1 + 0.04/12) ^12 (0)

    5,000 (1 + 0.04/12) ⁰

    5000
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