Question
1.In 2011 there were 89 homicides reported in San Antonio, while in 2015 there were 94 homicides. What was the average annual growth rate in
1.In 2011 there were 89 homicides reported in San Antonio, while in 2015 there were 94 homicides. What was the average annual growth rate in homicides during this period? (enter your answer as a percentage with two decimal points i.e. 15.33 dont include the % symbol)
2.The Rock Insurance Co. will pay you $3,100 a year for 20 years in exchange for $30,000 today. What interest rate will you earn on this annuity? (enter your answer as a percentage with two decimal points i.e. 15.33 dont include the % symbol)
3.When you were born, your parents opened an investment account in your name and deposited $500 into the account. The account has earned an average annual rate of return of 4.8 percent. Today, the account is valued at $36,911.22. How old are you? (enter your answer as a number with two decimals i.e. 41.25)
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