What is the value of the investment in 20 years for V(t), after t years, of a $1000 investment expected to appreciate by 5% each year?

A.) $1,005.05
B.) $1,102.50
C.) $3,325,256.73
D.) $2,653.30

The investment will be $2653.30 after 20 years.

Step-by-step explanation:

Given,

Principal(P) = $ 1000

Time (T) = 20 years

Rate of interest(R) = 5%

To find the amount after 20 years

Formula

Amount(A) = P

Now putting the values of P, T and R we get,

A = $1000

=$ 1000

=$ 2653.297

= $ 2653.30

Hence, the investment will be $2653.30 after 20 years.

correct choice is b

step-by-step explanation:

when you calculate the average rate of change of a function, you are finding the slope of the secant line between the two points. for the function the average rate of change from point to point can be calculated as

to find the average rate of change from day 2 to day 10, note that at day 2, 8 houses were sold, so a(2,8) and at day 10, 2 houses were sold, so b(10,2). thus,