Math Problem Statement
Use a calculator or technology to compute the following quantities.
a. 2.6 Superscript one third2.613
b. 145 Superscript one fourth14514
c. The annual return on an account in which an initial investment of
$350350
increases to
$25502550
over a period of
1515
years.
Solution
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Math Problem Analysis
Mathematical Concepts
Exponents
Roots
Compound Interest
Annual Return
Formulas
a^(1/n) = nth root of a
Compound Interest formula: A = P(1 + r/n)^(nt)
Annual return formula: r = (A / P)^(1/t) - 1
Theorems
Laws of Exponents
Compound Interest Theorem
Suitable Grade Level
Grades 10-12
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