Mathematics, 01.06.2020 15:57 TheOneandOnly003
John recently purchased $4,897.00 worth of a stock that is expected to grow in value by 9% each year for the next ten years. Assuming this growth forecast holds, which function will show the value of John's stock in t years?
A.
A(t) = $4,897(1.11)t
B.
A(t) = $4,897(1.09)t
C.
A(t) = 1.09($4,897)t
D.
A(t) = $4,897(1.09)(t)
Answers: 1
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John recently purchased $4,897.00 worth of a stock that is expected to grow in value by 9% each year...
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