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Three years ago,Joe brought $750 worth of stock in the software company. Since then the value of his purchase has been increasing at the average rate of 12 1/5 % per year. How m…

Three years ago,Joe brought $750 worth of stock in the software company. Since then the value of his purchase has been increasing at the average rate of 12 1/5 % per year. How m…
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Three years ago,Joe brought $750 worth of stock in the software company. Since then the value of his purchase has been increasing at the average rate of 12 1/5 % per year. How much is the stock worth now?

User Mihey Egoroff
by
8.2k points

1 Answer

2 votes
I think the answer is 1,059.43
User Bhavesh Chauhan
by
7.5k points
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