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    Explorations in College Algebra
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    Exam 5: Growth and Decay: An Introduction to Exponential Functions
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    An Investment Is Originally Worth $19,000 and Its Worth Increases
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An Investment Is Originally Worth $19,000 and Its Worth Increases

Question 122

Question 122

Essay

An investment is originally worth $19,000 and its worth increases by a factor of 1.008 each month. Find a formula that gives the investment's worth , W, as a function of the months, m, since the original investment.
Write your answer in form An investment is originally worth $19,000 and its worth increases by a factor of 1.008 each month. Find a formula that gives the investment's worth , W, as a function of the months, m, since the original investment. Write your answer in form   . .

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