Question

Suppose Johnny invests $41,745 into an account, which has been earning interest for many years and he now has a total of $39,974. In two or more sentences explain why a negative number would/wouldn’t be reasonable in the solution of the rate of the investment.

Answer 1

Answer:

A negative number would be reasonable in the solution of the rate of the investment. It would be reasonable because Johnny started out with $41,745 in his account and ended up with $39,974 which means that the rate has to be negative.

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