2 years ago

Write an expression for the sequence of operations described below.

Mathematics

1 answer:

NeX [460]2 years ago

3 0

Answer:

(7+z) - y

Step-by-step explanation:

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After 1 year, the initial investment increases by 7%, i.e. multiplied by 1.07. So after 1 year the investment has a value of $800 × 1.07 = $856.

After another year, that amount increases again by 7% to $856 × 1.07 = $915.92.

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