2. The value, V, of a $10,000 investment that earns 3% annual is given by V = f(t) where t is in years. a) Write an equation that shows how the value of the investment, V = f(t), changes over time. b) How much is the investment worth in 3 years? c) How long will it take for the investment to be work $15,000? Round decimal to two places.
2. The value, V, of a $10,000 investment that earns 3% annual is given by V = f(t) where t is in years. a) Write an equation that shows how the value of the investment, V = f(t), changes over time. b) How much is the investment worth in 3 years? c) How long will it take for the investment to be work $15,000? Round decimal to two places.
Mathematics For Machine Technology
8th Edition
ISBN:9781337798310
Author:Peterson, John.
Publisher:Peterson, John.
Chapter59: Areas Of Rectangles, Parallelograms, And Trapezoids
Section: Chapter Questions
Problem 79A
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