SOLUTION: Suppose you purchase $1000 worth of a mutual fund and find that the value of your purchase doubles every 2 years. Write a sequence of numbers that gives the value of your purchase
Algebra ->
Customizable Word Problem Solvers
-> Finance
-> SOLUTION: Suppose you purchase $1000 worth of a mutual fund and find that the value of your purchase doubles every 2 years. Write a sequence of numbers that gives the value of your purchase
Log On
Question 829955: Suppose you purchase $1000 worth of a mutual fund and find that the value of your purchase doubles every 2 years. Write a sequence of numbers that gives the value of your purchase every 2 years for the first 10 years you own it, starting with the year it was purchased. Answer by oscargut(2103) (Show Source):
You can put this solution on YOUR website! Answer
1000,2000,4000,8000,16000,32000
If you need more help you can contact me at
mthman@gmail.com
Thanks
