15 In the year 2000 several 1st year business students formed an investment group as part of a class assignment. The graph above show the growth of their investment portfolio over the past several...


15 In the year 2000 several 1st year business students formed an investment group as part of<br>a class assignment. The graph above show the growth of their investment portfolio over<br>the past several years. (Note: t 0 is the year 2000)<br>Growth of Investment Portfolio<br>Year (t)<br>Value of<br>Investments ($)<br>V.<br>2000<br>40 000<br>b00<br>2001<br>53 000<br>2002<br>73 245<br>450<br>2003<br>98 415<br>I 300<br>2004<br>148 860<br>2005<br>223 500<br>150<br>2006<br>330 250<br>2007<br>490 850<br>Time (years)<br>a<br>3) Determine the average rate of growth of their investment between 2000<br>and 2005.<br>value (in $10o0)<br>

Extracted text: 15 In the year 2000 several 1st year business students formed an investment group as part of a class assignment. The graph above show the growth of their investment portfolio over the past several years. (Note: t 0 is the year 2000) Growth of Investment Portfolio Year (t) Value of Investments ($) V. 2000 40 000 b00 2001 53 000 2002 73 245 450 2003 98 415 I 300 2004 148 860 2005 223 500 150 2006 330 250 2007 490 850 Time (years) a 3) Determine the average rate of growth of their investment between 2000 and 2005. value (in $10o0)

Jun 10, 2022
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