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Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter4: Equations Of Linear Functions

Section4.3: Parallel And Perpendicular Lines

Problem 4GP

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Question

Braden invested $900 in a mutual fund. Each year, Braden's investment grew by 2%.
Which equation calculates y, the value of Braden's investment after 4 years?
y = 900 · 1.024
y = 900 · 0.024
O y = 900 · 40.2
y = 1.02 · 9004

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