Sheryl's grandfather told Sheryl that 50 years ago the average cost of a new car was only

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Sheryl's grandfather told Sheryl that 50 years ago the average cost of a new car was only $1.000, while today the average cost is S18.000. What continuous interest rate over the past 50 years would produce this change?

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Differential Equations and Linear Algebra

ISBN: 978-0131860612

2nd edition

Authors: Jerry Farlow, James E. Hall, Jean Marie McDill, Beverly H. West

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Question Posted: May 26, 2016 05:55 AM

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Sheryl's grandfather told Sheryl that 50 years ago the average cost of a new car was only

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The growth rate is A t A 0 e rt ...View the full answer

Differential Equations and Linear Algebra

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