13-03-2019
Mathematics

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Invested in a stock worth $660 that is expected to in value by 10% per year. Write the equation used to determine the values of stock after t year

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13-03-2019

[tex]x=660(1.1)^{t}[/tex]

x represents the new value.

This multiplies 660, the starting value, by 110% for each year (t).

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