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18 August, 13:37

Write an equato

equation to find the amount of simple interest. A earned on a $600 Investment

15 years if the interest rate is 2%

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Answers (1)
  1. 18 August, 13:45
    0
    Exponential equation

    Y=ab^x

    A=starting value

    B = percent it is increasing/decreasing by

    X = Time

    Y = 600 (1.02) ^15

    It's 1.02 bc it's increasing
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