If you deposit 1000 in a savings account with an intrest rate of r compounded annually then the balance in the account after 3 years is given by the function b (c) = 1000 (1+r) where is r written as a decimal?
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Home » Mathematics » If you deposit 1000 in a savings account with an intrest rate of r compounded annually then the balance in the account after 3 years is given by the function b (c) = 1000 (1+r) where is r written as a decimal?