anonymous
  • anonymous
Sophia invested some money in a bank at a fixed rate of interest compounded annually. The equation below shows the value of her investment after x years: f(x) = 500(1.05)x What was the average rate of change of the value of Sophia's investment from the second year to the fourth year?
Mathematics
  • Stacey Warren - Expert brainly.com
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SOLVED
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katieb
  • katieb
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anonymous
  • anonymous
14.13 dollars per year 28.25 dollars per year 50.00 dollars per year 56.50 dollars per year
anonymous
  • anonymous
if you multiply 500*1.05. how much would you get? that is your investment for one year. and since it's asking you for the investment of two years. from year 2 to 4. multiply that amount by two. and you get ur answer
anonymous
  • anonymous
So do i multiply it by 2 or 4? @beehive

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