medranoyaneth9 medranoyaneth9
  • 11-03-2021
  • Mathematics
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An initial investment of $5,000 grows at 9% per year.

An initial investment of 5000 grows at 9 per year class=
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mathstudent55
mathstudent55 mathstudent55
  • 11-03-2021

Answer:

C. f(t) = 5000(1.09)^t

Step-by-step explanation:

Compound interest formula:

F = P(1 + r)^t

Answer: C. f(t) = 5000(1.09)^t

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