Mathematics, 16.02.2021 22:20 jasminecoronetti44
On September 8, 2009, the price of gold reached $1000 per ounce. Over the next year, the price of an ounce of gold can be modeled by y=1000(1.225)^t where t is years after September 8, 2009. Find the approximate monthly percent increase in the price of gold. ( Replace t with m/12 and simplify.) Round your answer to the nearest hundredth of a percent.
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On September 8, 2009, the price of gold reached $1000 per ounce. Over the next year, the price of an...
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