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MathematicsMathematics
15 December, 00:42

Eric made two investments:

•investment Q has a value of $500 at the end of the year and increases by $45 per year.

•investment R has a value of $400 at the end of the year and increases by 10% per year.

What is the first year in which Eric sees that investment R's value exceeded investment Q's value?

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Answers (2)
  1. 15 December, 01:00
    0
    Answer:10

    Step-by-step explanation:

    Notice that investment Q's value grows linearly while investment R's value grows exponentially. In conclusion, investment R's value will first exceed investment Q's value in year number 10
  2. 15 December, 01:04
    0
    10

    Step-by-step explanation:

    the answer is 10 did it on my khan academy
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Home » Mathematics » Eric made two investments: •investment Q has a value of $500 at the end of the year and increases by $45 per year. •investment R has a value of $400 at the end of the year and increases by 10% per year.
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