* Your answer is incorrect. Joe invested $20000 in the stock market, while Sam invested $30000. Joe's investment increased by 5% per year for 10 years. Sam's investment decreased in value by 10% per year for 5 years and then increased by 10% per year for the next 5 years. What was Joe's investment worth after 10 years? Round to the nearest dollar. $ 53066

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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X Your answer is incorrect.
Joe invested $20000 in the stock market, while Sam invested $30000. Joe's investment increased by 5% per year for 10 years. Sam's
investment decreased in value by 10% per year for 5 years and then increased by 10% per year for the next 5 years. What was Joe's
investment worth after 10 years? Round to the nearest dollar.
$ 53066
Transcribed Image Text:X Your answer is incorrect. Joe invested $20000 in the stock market, while Sam invested $30000. Joe's investment increased by 5% per year for 10 years. Sam's investment decreased in value by 10% per year for 5 years and then increased by 10% per year for the next 5 years. What was Joe's investment worth after 10 years? Round to the nearest dollar. $ 53066
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