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Solve the Problem A=8000e0.045t\mathrm { A } = 8000 \mathrm { e } ^ { 0.045 \mathrm { t } }

Question 121

Multiple Choice

Solve the problem.
-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 modelel A=8000e0.045t\mathrm { A } = 8000 \mathrm { e } ^ { 0.045 \mathrm { t } } . H. ow much did you initially invest in the account?


A) $360.00
B) $4000.00
C) $8000.00
D) $8368.22

Correct Answer:

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