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Mathematics, 09.04.2021 16:00 brodycruce

The value of a stock in 1940 is $1.25. Its value grows by 7% each year after 1940.

1. Write an equation representing the value of the stock
V(t), in dollars, t years after 1940.

2. What does V(50) represent in this situation?

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Answers: 1

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The value of a stock in 1940 is $1.25. Its value grows by 7% each year after 1940.

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