You deposit $2000 in a risky investment that loses 3 % interest yearly. Unfortunately, the money is tiedup in the investment and cannot be withdraw, a) Write a formula that represents the amount of...

You deposit $2000 in a risky<br>investment that loses 3 % interest<br>yearly. Unfortunately, the money is<br>tiedup in the investment and cannot<br>be withdraw,<br>a) Write a formula that represents<br>the amount of your money in the<br>account at the end of each year.<br>b) How much money do you have in<br>your account after 6 years? Show<br>your work.<br>Answer these questions, showing all<br>your work and reasoning in the<br>essay box here:<br>

Extracted text: You deposit $2000 in a risky investment that loses 3 % interest yearly. Unfortunately, the money is tiedup in the investment and cannot be withdraw, a) Write a formula that represents the amount of your money in the account at the end of each year. b) How much money do you have in your account after 6 years? Show your work. Answer these questions, showing all your work and reasoning in the essay box here:

Jun 09, 2022

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You deposit $2000 in a risky investment that loses 3 % interest yearly. Unfortunately, the money is tiedup in the investment and cannot be withdraw, a) Write a formula that represents the amount of...

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