Flash Speed Questions

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\$1,000 is deposited into a savings account. interest is compounded annually. after 1 year, the value of the account is \$1,020. after 2 years, the value of the account is \$1,040.40. this scenario can be represented by an exponential function of the form f(x) = 1000(b)^x, where f(x) is the amount in the savings account, and x is time in years. what is the value of b ? Get the answer
Category: art | Author: Torquil Vilhelm

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