Ask Question
30 March, 10:48

An investment is currently worth 2.125x10^4 dollars. Ten years ago, the investment was worth 1.25x10^3 dollars. How many times greater is the value of the same investment today's then the value of the investment 10 years ago

+4
Answers (2)
  1. 30 March, 11:06
    0
    17 times greater.

    Step-by-step explanation:

    Given the current value of investment to be $2.125*10⁴

    Ten years ago the investment worth = $1.25*10³

    To know the number of times greater the value of the same investment today (current value) to the value of the investment 10 years ago, we will divide the current investment value by the value 10years ago i. e

    Factor of increase = current investment/investment value 10years ago

    Factor of increase = $2.125*10⁴/$1.25*10³

    = $2.125/$1.25 * 10^4-3

    = 1.7*10¹

    = 17

    This shows that the current has increase 17times the clue of the money 10years ago
  2. 30 March, 11:15
    0
    17 times

    Step-by-step explanation:

    Let "x" be the number of times today's investment is more than the investment 10 years ago

    Investment 10 years ago = 1.25*10^3 = 1,250

    Investment today = 2.125*10^4 = 21,250

    So, we can form the equation as shown below:

    1250*x = 21,250

    x = 21,250/1,250

    x = 17

    Therefore, today's investment is 17 times greater than the investment 10 years ago
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “An investment is currently worth 2.125x10^4 dollars. Ten years ago, the investment was worth 1.25x10^3 dollars. How many times greater is ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers