Amazingly Awesome Internet Stuff Corp.’s stock has increased in value over the last 5 years at a rate of 28.4% annually. If y ou had invested $2,000 in the company’s stock 5 years ago, how much would it be worth today?

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section5.2: Exponential Functions
Problem 49E
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Amazingly Awesome Internet Stuff Corp.’s stock has increased in value over the last 5 years at a rate of 28.4% annually. If y ou had invested $2,000 in the company’s stock 5 years ago, how much would it be worth today? [
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