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Sunny_sXe [5.5K]
3 years ago
13

Type the correct answer in the box. Use numerals instead of words.

Mathematics
1 answer:
KIM [24]3 years ago
3 0

Answer:

y = -.05x + 6

Step-by-step explanation:

Plug in your x and y coordinates

1 = -.05(10) + b

1 = -5 + b

6 = b

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Sung Lee invests $4,000 at age 18. He hopes the investment will be worth $16,000 when he turns 25. If the interest compounds con
irinina [24]

Answer:

The growth rate he needs to achieve his goal is approximatelly 19.8%

Step-by-step explanation:

Since the sum will be compounded continuously we have to use the appropriate formula given below:

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4 0
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