Question

7. You decide to invest $5000 in stock. Luckily, your stock is on the rise because each year your investment grows by 10%. Fill in the table of values showing how your money is increasing over time. ​

Answer 1

see attached

Explanation:

It is convenient to let a spreadsheet compute each table value as 1.1 times the value on the previous line.

When the growth rate is 10% per year, the growth factor is 1 +10% = 1.10. This is the value that multiplies the investment each year.