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Algebra
Question

You deposit \( \$ 750 \) in a savings account that...

You deposit \( \$ 750 \) in a savings account that earns \( 5 \% \) annual interest compounded quarterly. a. Write a function that represents the balance after \( t \) years. 

Answer

\(A = 750 \times (1+ \frac{0.05}{4})^{4t}\)

Solution
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