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You deposit $1000 into an investment account. 8 years later, the amount in the account has doubled. What is the percent growth (as a decimal) of the account

You deposit $1000 into an investment account. 8 years later, the amount in the account has doubled. What is the percent growth (as a decimal) of the account

Algebra and Trigonometry (6th Edition)
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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You deposit $1000 into an investment account. 8 years later, the amount in the account has doubled. What is the percent growth (as a decimal) of the account?
Transcribed Image Text:You deposit $1000 into an investment account. 8 years later, the amount in the account has doubled. What is the percent growth (as a decimal) of the account?
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I typed this in for an assignment online but it still comes out as incorrect. The answer on my assignment has to be decimal form so I put  1.25 and it's not right

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