Answered

Westonci.ca is the ultimate Q&A platform, offering detailed and reliable answers from a knowledgeable community. Explore thousands of questions and answers from a knowledgeable community of experts on our user-friendly platform. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

PLEASE HELP ME ON THIS QUESTION!! Ren invested in two businesses in 2010. She invested $50,000 in Dawn's Flowers, which guaranteed a 7% return per year.


Her investment in Pop's Coffeeshop is represented by the function V(t)=24,500(1.06)t.


Which statements are true?


Select each correct answer.





Dawn's Flowers earned a greater rate of return than Pop's Coffeeshop.


​​In 2020, the Pop's Coffeeshop investment will have a greater value than the Dawn's Flowers investment.


Ren's initial investment in Dawn's Flowers was greater than her initial investment in Pop's Coffeeshop.


​In 2015, the Pop's Coffeeshop investment had a greater value than the Dawn's Flowers investment.

Sagot :

Answer:

Dawn's Flowers earned a greater rate of return than Pop's Coffeeshop

Ren's initial investment in Dawn's Flowers was greater than her initial investment in Pop's Coffeeshop.

Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Discover more at Westonci.ca. Return for the latest expert answers and updates on various topics.