Ask Question
21 October, 19:12

You deposit $600 into an account that pays 6% interest compounded annually. Find the multiplier for the rate for exponential growth.

+2
Answers (1)
  1. 21 October, 19:20
    0
    6% = 0.06

    1 + 0.06 = 1.06

    Answer: 1.06
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “You deposit $600 into an account that pays 6% interest compounded annually. Find the multiplier for the rate for exponential growth. ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers