Answer:
Step-by-step explanation:
The growth factor is 1.06.
The year is 2020 - 1978 = 42.
This is exponential growth as the growth factor is > 1.
The equation is V = 40000(1.06)^42
V works out to $462,281
Z=6 just trust me on this lol
Round and you will get your answer
Answer:
Step-by-step explanation: