SOLUTION: _____Although there are annual ups and downs, over the long run, growth in the stock market averages about 9% per year. A model that best describes the value of a stock portfolio i
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Question 935307: _____Although there are annual ups and downs, over the long run, growth in the stock market averages about 9% per year. A model that best describes the value of a stock portfolio is probably:
A) linear B)exponential C)logarithmic D)quadratic E)power
*Could you please tell me step by step how to get the answer to the problem? Thank You so much for helping me !! :) Answer by josgarithmetic(39620) (Show Source):
You can put this solution on YOUR website! YEAR___________________PRINCIPAL
0_______________________p
1_______________________p(1.09)
2_______________________
3_______________________
.
.
.
n_______________________
(