Five years ago Gary invested $10,000 into an account that makes 6% compounded annually. The value in the account after x years i
s represented by the formula V = 10,000(1.06)x. Assuming that Gary has made no deposits or withdrawals, how much money is in the account now?
2 answers:
Here's a hint from me:<span><span><span>1.065</span>=1.3382</span></span>
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Set the question up as an equation, where x is equal to the cost of a game
FRIDAY: 5+3x
SATURDAY: 3+5x
∴ 5+3x=3+5x
2=2x
x=1
Therefore the cost of 1 game is $1
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