The value of ACOR stock rose 4.5% during June. The stock sold for $28 a share at the end of May. How much did the value of ACOR stock increase during June?
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To find the mean (average), u add up all the numbers, then divide by how many numbers there are.
(200 + 150 + 325 + 100 + 75) / 5 = 850/5 = 170 <== the mean
Answer:
The interest rate for the given investment is 18%.
Step-by-step explanation:
We are given that,
The function representing the investment model is,
.
It is required to find the interest rate for the investment.
Since, the function can be re-written as,

i.e. 
So, on comparing with the formula for compound interest i.e.
, where 'r' is the interest rate.
We have that,
The interest rate for the given investment is 0.18 i.e. 18%.