The amount of interest earned at $4.25 \%$ compounded monthly is given by the function $f(P, t)=$ $P\left(1+\frac{0.0425}{12}\right)^{12 t}-P$, where $P$ is the amount invested and $t$ is the number of years. How much will $\$ 5000$ earn in 2 years?

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The Answer of The amount of interest earned at $4.25 \%$ compounded monthly is given by the function $f(P, t)=$ $P\left(1+\frac{0.0425}{12}\right)^{12 t}-P$, where $P$ is the amount invested and $t$ is the number of years. How much will $\$ 5000$ earn in 2 years?

The Amount of Interest Earned At 4.25%4.25 \%4.25% Compounded Monthly Is Given by the Function

The Amount of Interest Earned At $4.25 \%$ Compounded Monthly Is Given by the Function