Mathematics, 18.03.2021 02:20, 49Janett

There are two investment options, Option 1: initial investment of $8 and increases by 40% each year,
Option 2: An intial investment of $0.02 that triples each
year. Write an equation for EACH and state which one
will eventually increase the fastest.

Answers: 1

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There are two investment options, Option 1: initial investment of $8 and increases by 40% each year, Option 2: An intial investment of $0.02 that triples each year. Write an equation for EACH and state which one will eventually increase the fastest.

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There are two investment options, Option 1: initial investment of $8 and increases by 40% each year,
Option 2: An intial investment of $0.02 that triples each
year. Write an equation for EACH and state which one
will eventually increase the fastest.