Answer: 4
Step-by-step explanation:
Answer:
ABCD in statement and the other in reasoning
Step-by-step explanation:
Answer:
see attached
Step-by-step explanation:
It is convenient to let a spreadsheet compute each table value as 1.1 times the value on the previous line.
When the growth rate is 10% per year, the growth factor is 1 +10% = 1.10. This is the value that multiplies the investment each year.