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3 votes
Three years ago, Jolene bought $625 worth of stock in a software company. Since then the value of her

purchase has been increasing at an average rate of 7 - % per year. How much is the stock worth now?
2
(Round each money calculation you make to the nearest cent.)

1 Answer

4 votes

Answer:

The stock is worth 765.65 today.

Explanation:


$625*1.07^(3)=765.65

User Jindrich Vavruska
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