a The value of an investment account has a doubling time of 13 years and $35,000 was originally deposited in the accouit, What is the worth of the account after 13 years: S 26 years: $ 39 years S Preview Preview Preview
a The value of an investment account has a doubling time of 13 years and $35,000 was originally deposited in the accouit, What is the worth of the account after 13 years: S 26 years: $ 39 years S Preview Preview Preview
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Transcribed Image Text:a The value of an investment account has a doubling time of 13 years and $35,000 was originally deposited in the account What is the
worth of the account after:
13 years: S
Preview
e 26 years: S
Preview
39 years: S
Preview
b. Julio beard that the mass of bacteria in an experiment (which began at 9 micrograms) has a doubling time of 15 hours so be made the
following table. Look at the table and then choose the best response.
aumber of hours since the experiment began bacteria mass (micrograms)
9.
15
18
30
27
45
36
OJulio is incorrect. He used the wrong growth factor for the aponential function.
OJulio is correct. His table is accurate.
OJulio is incorrect. He used a constant rate of change when this is not a lincar situation.
OJulio is incorrect. The 'nurmber of hours' column should be 0, 15, 30, 60.
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