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Math
Probability
Suppose you have an investment offer that guarantees an average investment gain of $5,000 per year. (a) What is the average rate of change (in dollars per year) of this investment? $  per year (b) If the value of the investment today is $10,000, what will be the value (in dollars) of the investment in 2 years? $

Suppose you have an investment offer that guarantees an average investment gain of $5,000 per year. (a) What is the average rate of change (in dollars per year) of this investment? $  per year (b) If the value of the investment today is $10,000, what will be the value (in dollars) of the investment in 2 years? $

A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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Question
Suppose you have an investment offer that guarantees an average investment gain of $5,000 per year.
(a)
What is the average rate of change (in dollars per year) of this investment?
$  per year
(b)
If the value of the investment today is $10,000, what will be the value (in dollars) of the investment in 2 years?
$ 
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