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09-03-2021
Mathematics

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An initial investment of $150,000 grows at 22% per year. What function represents the value of the investment after t years?

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10-03-2021

Answer:

150000(1.22)^t

Step-by-step explanation:

A-150000

R- 0.22 plus the 1 since it’s positive y=A(1+r)

Sooo 150000(1+0.22)^t

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