muffinman97
10.12.2019 •
Mathematics
What are two ratios that are equivalent to 3: 11
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Ответ:
23,249 dollars
Step-by-step explanation:
Given the value of Julio investment expressed as;
y = 8150(1.14^t)
y is the value in dollars
At 2018, the number of years he has used in investing will have e=been 8 years. Substitute t = 8 into the expression;
y = 8150(1.14^8)
y = 8150(2.8526)
y = 23,248.58
Hence the investment amount in 2018 is 23,249 dollars