kreshnikolloma
15.04.2020 •
Business
The value of a particular investment follows a pattern of exponential growth. In the year 2000, you invested money in a money market account. The value of your investment t years after 2000 is given by the exponential growth model Upper A equals 2 comma 400 e Superscript 0.056 t Baseline . How much did you initially invest in the account?
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Ответ:
$2,400
Explanation:
A = 2,400e^(0.056t) (1)
Equation (1) can be broken down as follows:
A = The value of the investment at year t.
2,400 = P = Initial investment
0.0056 = r = interest rate
t = period or year
From the above therefore, $2,400 was initially invested in the account.
Ответ:
l think it is 3 three^_^^_^^_^^_^^_^^_^^_^^_^^_^