a. An initial investment of $75 grows by a factor of 1.35, so we can represent the new value with the expression $75(1.35). How can we interpret the value of $75(1.35)? Select all that apply. OIt is 235% of $75. Olt is 135% larger than $75. OIt is 35% larger than $75. OIt is 135% of $75. Olt is 1.35 times as large as $75.

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ISBN:9781337282291
Author:Ron Larson
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Chapter8: Sequences, Series,and Probability
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a. An initial investment of $75 grows by a factor of 1.35, so we can represent the new value with the expression
$75(1.35).
How can we interpret the value of $75(1.35)? Select all that apply.
OIt is 235% of $75.
OIt is 135% larger than $75.
OIt is 35% larger than $75.
OIt is 135% of $75.
OIt is 1.35 times as large as $75.
b. An investment of $700 increases to become 4.25 times as large. Which of the following are true statements?
Select all that apply.
OThe new value is 425% of the initial value.
The new value is 4.25 times as large as the initial value.
OThere was a 325% change in the investment value.
OThere was a 425% change in the investment value.
OThe new value is 325% of the initial value.
Transcribed Image Text:a. An initial investment of $75 grows by a factor of 1.35, so we can represent the new value with the expression $75(1.35). How can we interpret the value of $75(1.35)? Select all that apply. OIt is 235% of $75. OIt is 135% larger than $75. OIt is 35% larger than $75. OIt is 135% of $75. OIt is 1.35 times as large as $75. b. An investment of $700 increases to become 4.25 times as large. Which of the following are true statements? Select all that apply. OThe new value is 425% of the initial value. The new value is 4.25 times as large as the initial value. OThere was a 325% change in the investment value. OThere was a 425% change in the investment value. OThe new value is 325% of the initial value.
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