Ava invested $470$470 in an account in the year 2000, and the value has been growing exponentially at a constant rate. The value of the account reached \$660$660 in the year 2005. Determine the value of the account, to the nearest dollar, in the year 2011.

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section6.1: Exponential Functions
Problem 63SE: In the year 1985, a house was valued at 110,000. Bythe year 2005, the value hadappreciated to...
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Ava invested $470$470 in an account in the year 2000, and the value has been growing exponentially at a constant rate. The value of the account reached \$660$660 in the year 2005. Determine the value of the account, to the nearest dollar, in the year 2011.

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