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Elina [12.6K]
3 years ago
12

John recently purchased $4,897.00 worth of a stock that is expected to grow in value by 9% each year for the next ten years. Ass

uming this growth forecast holds, which function will show the value of John's stock in t years?
A.
A(t) = $4,897(1.11)t
B.
A(t) = $4,897(1.09)t
C.
A(t) = 1.09($4,897)t
D.
A(t) = $4,897(1.09)(t)
Mathematics
2 answers:
Natasha_Volkova [10]3 years ago
4 0

Answer:

Step-by-step explanation:

B

wolverine [178]3 years ago
4 0

Answer:

B

This is true because the value increases from the initial value.

So it is 109%

So you multiply by 1.09

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