Compound interest. Suppose that $3000 is borrowed as a college loan, at 5% interest
Chapter 0, Problem 58(choose chapter or problem)
Compound interest. Suppose that $3000 is borrowed as a college loan, at 5% interest, compounded daily, for t years. a) The amount A that is owed is a function of time. Find an equation for this function. b) Determine the domain of the function in part (a).
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