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Mathematics, 24.02.2021 17:40 dhgdzfbzdf6765

John bought $700 of Microsoft stock in January of 2009. The value of the stock is expected to increase by 8.5% per year. a. Set up the equation representing the situation.

b. Solve the equation you wrote in part a) to predict the year the value of John’s stock will be worth at least $1200.

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