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  3. in 2003, a principal of $2100 was invested at 4.75

In 2003, a principal of $2100 was invested at 4.75% interest, compounded annually. Let t be the...

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Basic Math

In 2003, a principal of $2100 was invested at 4.75% interest,compounded annually.

Let t be the number of years since 2003. Let y be the value ofthe investment, in dollars.

Compose an exponential function showing the relationship betweeny and t.

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