Question

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 A = 5500e^0.063t. When will the account be worth $7536?

Answer 1

Answer: Therefore, the account will be worth $7536 approximately 16.5 years after 2000, which would be in the year 2016.

Step-by-step explanation: lG: user0316070