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Suppose that is invested at interest compounded annually after time t in years it grows to the amount

 
 

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1.Suppose that ​$50,000 is invested at 7​%​ interest, compounded annually. After time​ t, in​ years, it grows to the amount ...

years, it grows to the amount A given by the function A​=$50,00​(1.07​)^t. Find the amount of time after which there will be ​$400,000 in the account.
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2.Suppose that ​$50,000 is invested at 5​% interest. Find the amount of money in the account after 2 years if ...

2 years if the interest is compounded annually. If interest is compounded​ annually, what is the amount of money after t=2 ​years?
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1.AU MAT 120 Systems of Linear Equations and Inequalities Discussion

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