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OpenStudy (anonymous):
an investment has been growing at a rate of 7% per year and now has a value of $9500 what was the vaule of the investment 5 years ago?
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OpenStudy (anonymous):
p(1.07)^5=$9500 9500/(1.07^5) P=6773.37 I LOVE DOING THIS STUFF, ITS SO FUN.
OpenStudy (anonymous):
thanks
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