Suppose that $25,000 from a retirement account is invested in a large cap stock fund. After 30 yr, the value is $193,807.3.

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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(b) How long will it take the investment to reach one-quarter million dollars? Round to the nearest tenth of a year. Round values in intermediate steps to
three decimal places.
It will take approximately
years.
Transcribed Image Text:(b) How long will it take the investment to reach one-quarter million dollars? Round to the nearest tenth of a year. Round values in intermediate steps to three decimal places. It will take approximately years.
Suppose that $25,000 from a retirement account is invested in a large cap stock fund. After 30 yr, the value is $193,807.3.
Transcribed Image Text:Suppose that $25,000 from a retirement account is invested in a large cap stock fund. After 30 yr, the value is $193,807.3.
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