Mathematics, 12.12.2019 03:31 kingindoraptor
Tracy invested in a share of stocks with an annual interest rate of 3%. the following expression represents the value of the stock after n years.
50(1.03) ^n
find the approximate interest rate over 7 years.
a.
21%
b.
19%
c.
23%
d.
15%
Answers: 1
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Tracy invested in a share of stocks with an annual interest rate of 3%. the following expression rep...
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