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The value,  V,  of a $200,000 investment that earns 2% annual interest is given by  V=f(t)  where  t  is in years.

How much is the investment worth in 3 years?

 Sep 27, 2020
 #1
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f(t) = 200 000 (1 + .02)t           Where t is in years

put in t = 3    and calculate the value in 3 years

 Sep 28, 2020

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