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tresset_1 [31]
2 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
Mathematics
1 answer:
Harlamova29_29 [7]2 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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