a. An initial investment of $75 grows by a factor of 1.35, so we can represent the new value with the expression $75(1.35). How can we interpret the value of $75(1.35)? Select all that apply. OIt is 235% of $75. Olt is 135% larger than $75. OIt is 35% larger than $75. OIt is 135% of $75. Olt is 1.35 times as large as $75.
a. An initial investment of $75 grows by a factor of 1.35, so we can represent the new value with the expression $75(1.35). How can we interpret the value of $75(1.35)? Select all that apply. OIt is 235% of $75. Olt is 135% larger than $75. OIt is 35% larger than $75. OIt is 135% of $75. Olt is 1.35 times as large as $75.
Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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![**Investment Growth Problem Set**
a. An initial investment of $75 grows by a factor of 1.35, so we can represent the new value with the expression \( \$75 \times 1.35 \).
**How can we interpret the value of \( \$75 \times 1.35 \)?**
*Select all that apply.*
- [ ] It is 235% of $75.
- [ ] It is 135% larger than $75.
- [x] It is 35% larger than $75.
- [ ] It is 135% of $75.
- [x] It is 1.35 times as large as $75.
---
b. An investment of $700 increases to become 4.25 times as large. Which of the following are true statements?
*Select all that apply.*
- [x] The new value is 425% of the initial value.
- [x] The new value is 4.25 times as large as the initial value.
- [ ] There was a 325% change in the investment value.
- [ ] There was a 425% change in the investment value.
- [ ] The new value is 325% of the initial value.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9bdd44c0-80af-4006-aeb1-064d54c4c394%2F859345aa-70d0-4f81-88cc-57e120d7a541%2F66vcd6_processed.jpeg&w=3840&q=75)
Transcribed Image Text:**Investment Growth Problem Set**
a. An initial investment of $75 grows by a factor of 1.35, so we can represent the new value with the expression \( \$75 \times 1.35 \).
**How can we interpret the value of \( \$75 \times 1.35 \)?**
*Select all that apply.*
- [ ] It is 235% of $75.
- [ ] It is 135% larger than $75.
- [x] It is 35% larger than $75.
- [ ] It is 135% of $75.
- [x] It is 1.35 times as large as $75.
---
b. An investment of $700 increases to become 4.25 times as large. Which of the following are true statements?
*Select all that apply.*
- [x] The new value is 425% of the initial value.
- [x] The new value is 4.25 times as large as the initial value.
- [ ] There was a 325% change in the investment value.
- [ ] There was a 425% change in the investment value.
- [ ] The new value is 325% of the initial value.
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