\n

\n use the compound interest formula, A(t)=P(1+r\/n)^nt,\n <\/p>\n

\n
1. \n After a certain number of years, the value of an investment account is represented by the equation 15,500(1+0.06\/6)^90. What is the value of the account?\n <\/li>\n
2. \n What was the initial deposit made to the account in the previous exercise?\n <\/li>\n
3. \n How many years had the account from the previous exercise been accumulating interest?\n <\/li>\n<\/ol>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

   use the compound interest formula, A(t)=P(1+r\/n)^nt, After a certain number of years, the value of an investment account is represented by the equation 15,500(1+0.06\/6)^90. What is the value of the account? What was the initial deposit made to the account in the previous exercise? How many years had the account from the previous exercise been […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_joinchat":[]},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts\/227922"}],"collection":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/comments?post=227922"}],"version-history":[{"count":0,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts\/227922\/revisions"}],"wp:attachment":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/media?parent=227922"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/categories?post=227922"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/tags?post=227922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}