Table of contents
- 0. Review of Algebra(0)
- 1. Equations & Inequalities(0)
- 2. Graphs of Equations(0)
- 3. Functions(0)
- 4. Polynomial Functions(0)
- 5. Rational Functions(0)
- 6. Exponential & Logarithmic Functions(0)
- 7. Systems of Equations & Matrices(0)
- 8. Conic Sections(0)
- 9. Sequences, Series, & Induction(0)
- 10. Combinatorics & Probability(0)
6. Exponential & Logarithmic Functions
Introduction to Exponential Functions
6. Exponential & Logarithmic Functions
Introduction to Exponential Functions: Study with Video Lessons, Practice Problems & Examples
Back to all problems
3PRACTICE PROBLEM
Use the compound interest formula A = P(1 + r/n)nt to solve the problem. If $8000 is deposited to an account with an interest rate of 1.18% compounded monthly, what is its value after 10 years?
Use the compound interest formula A = P(1 + r/n)nt to solve the problem. If $8000 is deposited to an account with an interest rate of 1.18% compounded monthly, what is its value after 10 years?