Answer:1.) I chose coin A and B
2.) Coin: B Value: $40 Annual rate: %5
Coin: A Value: $25 Annual rate: %7
3.) Coin: A P: 25 R: 1.07 Function: v = 25(1.07)^t
Coin: B P: 40 R: 1.05 Function: v = 40(1.05)^t
4.) Base: 1+r Initial: P Exponent: t
If R increased, then P would also increase because you must distribute, and you would be distributing R into P there for if R changes then so would P.
5.) Coin A: Initial value: $25 10 years: $25.70 20 Years: $26.40 30 years: $27.10 60 years: $29.20
Coin B: Initial value: $40 10 years: $40.50 20 years: $41 30 years: $41.50 60 years: $43
Coin C: Initial value: $60 10 years: $60.40 20 years: $60.80 30 years: $61.50 60 years: $62.40
6.) Coin A because the value goes up the most and I probably wouldn't be able to keep the coin for more than 60 years because I would lose it.
Step-by-step explanation:
i did it
I also chose coin A and coin B. You can choose any two coins you want, but the answers would turn out different so I recommend using A and B.
Answer:
2.
Coin: A Current value: $25 Appriciation rate: 7%
Coin: B Current value: $25 Appriciation rate: 5%
3.
Coin: A P: 25 R: 0.07 V(t) = 25(1+0.07)^t
Coin: B P: 40 R: 0.05 V(t) = 40(1+0.05)^t
4.a
Base: 1+R
Constant or initial value: P
Exponent: T
4.b
No, the initial value would not increase, although, by changing the rate would increase the growth.
5.
Value: 25
10 years: V(t) = 25(1.07)^10 - $49.18
See explaination
Step-by-step explanation:
5.
So when the value is 25, we use the formula from question 3 ( V(t) = 25(1.07)^10 ) and solve
Continue to use the same formula to answer the other numbers of years, only change the exponent, ^10, to the number of years.
For example: 20 years = ^20 30 years = ^30 and so on.
Also, this is the correct answer to number 5. I got an A on this assignment
Hope this helps <333
