Jada H.
asked 10/23/20exponental function find monthy and quarterly rate of problem in description
f(t)=500(1.055)^t
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1 Expert Answer
Inactive Tutor answered 10/23/20
Tutor
New to Wyzant
Monthly: 5.5% / 12
Quarterly: 5.5% / 4
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Inactive Tutor
The rate in the given function is 5.5%.10/23/20