If money is invested at a rate of 5% compounded annually, then for each dollar invested

Chapter 8, Problem 24

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If money is invested at a rate of 5% compounded annually, then for each dollar invested, the amount of money in an account is g(x), when g(x) 5 1.05x after x years. a. Write the ordered pairs of the function g for 0 # x # 3 and locate the pairs as points on a graph. The domain is the set of non-negative integers. b. Write the ordered pairs for g1 (x) and sketch the graph.

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