Question:

Use the formula S = P(1 + r)t to complete parts (a) and (b).

Last updated: 7/13/2022

Use the formula S = P(1 + r)t to complete parts (a) and (b).

Use the formula S = P(1 + r)t to complete parts (a) and (b). a. Graph the function that gives the future value of $70,000 invested at 3%, compounded annually, for t years, 0≤ts 12. b. Find the future value of $70,000 invested for 10 years at 3% compounded annually.