smashley3655 smashley3655

03-10-2017
Mathematics

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Suppose investment of $6200 doubles in value every 13 years how much is the ivestment worth after 78 years

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Aliwohaish12 Aliwohaish12

03-10-2017

78/13=6 times
The investment will be doubled 6 times over 78 years
So the investment worth

A=6,200×2^(6)=396,800

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