Mathematics, 20.03.2021 05:40 kutsarver
DUE TONIGHT HELP
1. Suppose a city with population 400,000 has been growing at a rate of 7% per year. If this rate continues, find the population of this city in 17 years.
2. Compare the investment below to an investment of the same principal at the same rate compounded annually.
principal: $7,000, annual interest: 5%, interest periods: 4 , number of years: 17
After years, the investment compounded periodically will be worth $ more than the investment compounded annually.
(Round to two decimal places as needed.)
Answers: 2
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DUE TONIGHT HELP
1. Suppose a city with population 400,000 has been growing at a rate of 7% per yea...
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