Dave is investing $8000 into an account. His account has a 3.7% interest rate that is compounded monthly. How much money will be in his account in 8 years?
$10,750.86
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25
A car is valued at $15,000 and will lose 10% of its value every year. Create an exponential equation
y=15000(.90)^x
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heart
Other team wins 10 points!
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shark
Other team loses 5 points!
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rocket
Go to first place!
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thief
Give points!
5
10
15
20
25
20
Linear or Exponential
Linear
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25
Emily invests $1000 into an account that earns 3% interest per year. How much money will be in her account after 4 years?