Suppose your parents decide to invest $5,000 in gold. their financial advisor anticipates that the value of gold will increase 17% every year for the next 15 years. how much would their investment be worth after 15 years?

Worth of their investment after 15 years becomes $52693.6.

Step-by-step explanation:

Since we have given that

Value of gold that his parents decide to invest (P) = $5000

Rate of increment in the value (r) = 17%

Number of years (n) = 15 years

As we know the formula for "Compound Interest":

so, our equation becomes,

Hence, Worth of their investment after 15 years becomes $52693.6.

step-by-step explanation:

the original amount doesn't ''re just looking for the time it takes for 1/2 of the substance to we have

(1/2) =)     take the ln   of both sides

ln (1/2)   = )   and we can write

ln(1/2) = ) lne     and lne   = 1     so we have

ln(1/2) = -.1092t     divide both sides by -.1092

t = ln(1/2)/-.1092 = about 6.347 days = about 6.3 days (rounded)

i would say b) is your answer

sorry if im wrong

step-by-step explanation: