A. suppose you have just inherited a sum of money. let’s say you choose to invest the money. how much did you inherit? choose an amount between $1000 and $100,000. do not choose an increment of 1000. in other words, do not choose $1000, $2000, $5000, $14000, etc.
b. what is your interest rate? choose a rate between 0.5% and 3%.
c. using yearly compounding, calculate the accrued value after 5 years, 10 years, and 15 years. show all work. you may show your work as an inserted image.

the answer is $42.96

step-by-step explanation:

8.75

how-to:

first, we need to find what we have to work with.

since i know that we have 7 (years) and 0.8 (inches), we can use these to solve and find the equation!

secondly, what you want to do, is see that we need to know how much growth out of the 0.8 inches he got in only 1 year, instead of 7 years.

let's try to divide.

7 ÷ 0.8 = 8.75

24

step-by-step explanation:

you just have to add the 15 + 9 to get 24

you do this bc you want to find the total of the whole line and those two numbers make up the line