Mathematics, 16.04.2021 17:50 diamondd4

An investment grows annually according to the function g(x) = 500(1.12)*. To the nearest hundredth of a percent, what is the monthly rate of growth?
A 0.95%
B 0.97%
C 0.99%
D 1.00%

Answers: 2

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An investment grows annually according to the function g(x) = 500(1.12)*. To the nearest hundredth...

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An investment grows annually according to the function g(x) = 500(1.12)*. To the nearest hundredth of a percent, what is the monthly rate of growth? A 0.95% B 0.97% C 0.99% D 1.00%

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Another question on Mathematics

An investment grows annually according to the function g(x) = 500(1.12)*. To the nearest hundredth of a percent, what is the monthly rate of growth?
A 0.95%
B 0.97%
C 0.99%
D 1.00%