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3 years ago

5

Invested in a stock worth $660 that is expected to in value by 10% per year. Write the equation used to determine the values of

stock after t year

1 answer:

Harlamova29_29 [7]3 years ago

7 0

$x=660(1.1)^{t}$

x represents the new value.

This multiplies 660, the starting value, by 110% for each year (t).

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