To calculate: The growth factor of an investment varies directly as the square root of the final value and inversely as the square root of original investment.
Answer to Problem 10P
The total growth factor is:
Explanation of Solution
Given information:
The growth factor of an investment varies directly as the square root of the final value and inversely as the square root of original investment.
A $
Formula used:
For varies directly and inversely:
Calculation:
Consider that, A $
Recall that varies directly and inversely:
The values are:
Therefore, the value of
So simplified further the value of
Now to find the value of
The values are:
Hence, when:
Thus, the growth factor is:
Chapter 12 Solutions
Algebra: Structure And Method, Book 1
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