MULTIPLE CHOICE. Choose the one alternative that best completes the statement or

Question

MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question Solve. 59) The value of a particular investment follows a pattern of exponential growth. In the year 2000, you inves ed y in a money market account. The value of your investment t years after 2000 is given by the exponential growth model A 2600e0.052t, How much did you initially invest in the account? A) $2738.78 B) $135.20 C) $1300.00 D) $2600.00 60) The function A- Age-0.0077x models the amount in pounds of a narticul

Explanation / Answer

59)

It is given in question that the function of value of investment of money after t years from 2000 is

A=2600e0.052t

So for initial investment i.e, money after zero years we need to substitute t=0 in the equation

So the initial investment is A=2600e0.052x0=2600e0=2600 dollars

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