An initial investment of $5,849 earns interest of 6% compounded yearly.
?
A: Write a formula that gives the value V, in dollars, of the investment after t years.
?
B: What is the balance after 9 years?
?
C: Make a graph that shows the value of the investment over the first 20 years.
?
D: When will the value of the investment reach $7,091?
?
Round your answer to the nearest cent.

What will be an ideal response?


A:

B: $9,881.76

C:



D: After 3.3 years

?


Mathematics

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