9492
求數學應用題答案
Marie's stock broker claims that her stock investments yield a rate of 11.96% compounded annually. If Marie's money was invested 11 years ago
and her investments are now worth $500
000
how much did she originally invest (to two decimal places). 可以替我解答這題應用提嗎
y X (1.1196 ^ 11) = 500
000y = 500
000 / (1.1196 ^ 11)y = 144303.9492Answer: $144303.95
參考資料
住在國外的我
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9492
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