jamiahfake jamiahfake
  • 03-11-2020
  • Mathematics
contestada

Three years ago, Jolene bought $625 worth of stock in a software company. Since then the value of her
purchase has been increasing at an average rate of 7 - % per year. How much is the stock worth now?
2
(Round each money calculation you make to the nearest cent.)

Respuesta :

gardnerdanj gardnerdanj
  • 03-11-2020

Answer:

The stock is worth 765.65 today.

Step-by-step explanation:

[tex]$625*1.07^{3}[/tex]=765.65

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