Question:

The interest on an account increases exponentially. If an

Last updated: 7/9/2022

The interest on an account increases exponentially. If an

The interest on an account increases exponentially. If an initial investment of $5000 earns $900 in two years, what is the rate of increase at the end of that second year? A. $500.00 B. $488.52 C. $462.17 D. $450.00