with these formulas, can anybody help with
questions C AND D
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Student х M TJC-Fall SX (61) Pinte x Degree P x Pey Basket FX HL Donut Pax G donut we х Assignmx Files х e and co х + canvas.ou.edu/courses/167229/files/folder/Summer%20Workbook?preview=27690882 S Paused ... Summer 2020 College Algebra Student Workbook.pdf Download Info X Close Page < 68 of 211 ZOOM + Account Dashboard Compounding Interest If the bank or assumes a new "initial value” n times during a year, then our exponential function looks like 1(t) = P P(1+)", where t is the number of years the money is in the account. Courses This formula can be used for a variety of problems involving compounding, not only bank accounts. < > If the bank never stops compounding the account, rather they then we use the function C(t) = Pe" Help where e is the constant known as Euler's number. Exercise 231 Find the following amounts assuming that the initial value of an account is $20 000. Round your answers to the nearest cent: (a) A rate of interest at 3% compounded yearly for 25 years. Type here to search ? 11:04 PM 7/29/2020 4