Angler's Edge, worth $12 million, is expected to grow at 5% per year compounded annually for 7 years. Find the future value to the nearest million.

Suppose there is a simple index of three stocks, stock abc, stock xyz, and stock qrs. stock abc opens on day 1 with 4000 shares at $3.15 per share. stock xyz opens on day 1 with 5000 shares at $4.30 per share. stock qrs opens on day 1 with 6000 shares at $4.60 per share. the price of stock abc on day 8 begins at $3.50. the price of stock xyz on day 8 begins at $3.90. stock qrs opens on day 8 with a price of $4.50 per share. assume that each stock has the same number of shares that it opened with on day 1. what is the rate of change of this simple index over 1 week?

Name each raycalculation tip: in ray "ab", a is the endpoint of the ray.

Negative 5 1/12 + negative 4 1/4 + 6 3/4