Unit #4 – Lesson #7 Exit Ticket: The value of an investment increased by 11.8% after 5 years of the money being invested. Answer the following. (a) Find the percent that the investment rose each year, to the nearest tenth of a percent. (b) Using your answer from (a), predict the percent the investment will increase over 20 years. Round your answer to the nearest percent.
Unit #4 – Lesson #7 Exit Ticket: The value of an investment increased by 11.8% after 5 years of the money being invested. Answer the following. (a) Find the percent that the investment rose each year, to the nearest tenth of a percent. (b) Using your answer from (a), predict the percent the investment will increase over 20 years. Round your answer to the nearest percent.
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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![Unit #4 – Lesson #7 Exit Ticket: The value of an investment increased by 11.8% after 5 years of the money
being invested. Answer the following.
(a) Find the percent that the investment rose each
year, to the nearest tenth of a percet.
(b) Using your answer from (a), predict the percent
the investment will increase over 20 years.
Round your answer to the nearest percent.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa78e3b75-93f1-4f93-9a75-e284af06112a%2F7d2b8bf6-ff32-4ddb-a10d-2edf60da217c%2Fbov2q9j_processed.png&w=3840&q=75)
Transcribed Image Text:Unit #4 – Lesson #7 Exit Ticket: The value of an investment increased by 11.8% after 5 years of the money
being invested. Answer the following.
(a) Find the percent that the investment rose each
year, to the nearest tenth of a percet.
(b) Using your answer from (a), predict the percent
the investment will increase over 20 years.
Round your answer to the nearest percent.
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