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1 year ago

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an investment made in the stock market decreased at a rate of 1.2% per year for 25 years. what is the current value of the 100,0

00 dollar investment?

1 answer:

Ann [662]1 year ago

5 0

Answer:

73947.52

Step-by-step explanation:

the equation would be 100000 * (0.988)^25

since time is 25 years, and rate is 0.988, since we are decreasing by 0.012.

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2 years ago

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Montano1993 [528]

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$
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$
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$
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$
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2 years ago

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mars1129 [50]

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