本题目来源于试卷: Sequences & Series,类别为 IB数学
[问答题]
Jeremy invests 800nntypx- j.nx;, ux21y 0c,wnk:xd2x9l/ woaeqd4k 1/h )qg8 o z dollars into a savings account that pays an annual interest rate of 5.5 % , compounded ann9: k2qc wnxxqw)a/dl1,z eook4hd g8/ually.
1. Write down a formula which calculates that total value of the investment after n years.
2. Calculate the amount of money in the savings account after:
1. 1 year;
2. 3 years.
3. Jeremy wants to use the money to put down a $ 10000 deposit on an apartment. Determine if Jeremy will be able to do this within a 5 -year timeframe.
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