3 years ago

20 points!!!!!!!

1 answer:

nataly862011 [7]3 years ago

4 0

The value of his investment at the third year is
F (3)=300×(1.02)^(3)=318.36

The value of his investment at the fifth year is
F (5)=300×(1.02)^(5)=331.22

The average rate of change of the value is
(331.22−318.36)÷2 years=6.43 per year

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