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NooraS NooraS
  • 08-02-2017
  • Mathematics
Answered

An investment was valued at $11,000 in the year 1995. The value appreciated to $14,000 by the year 2008. What was the annual growth rate between 1995 and 2008? Assume that the value continues to grow by the same percentage. What did the value equal in the year 2012?

Verified Answer :

princesslauryn07
princesslauryn07 princesslauryn07
  • 08-02-2017

16,000 I think . Hope it helps

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