A company invests $56000. After 7 years of growth at the same rate each year, the investment is worth $95848. Find the annual growth rate as a percentage.
A company invests $56000. After 7 years of growth at the same rate each year, the investment is worth $95848. Find the annual growth rate as a percentage.
Chapter10: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 443RE: Elise invests $4500 in an account that compounds interest monthly and earns 6%. How long will it...
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A company invests $56000. After 7 years of growth at the same rate each year, the investment is worth $95848. Find the annual growth rate as a percentage.
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