person invests $4080 in stocks today, and their value doubles every 5years. Let f (t) be the value (in dollars) of the investment at t years from now. (a.) Find an equation of f. (b). Find the value of the investment 20 years from now.
person invests $4080 in stocks today, and their value doubles every 5years. Let f (t) be the value (in dollars) of the investment at t years from now. (a.) Find an equation of f. (b). Find the value of the investment 20 years from now.
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 29PT: A radiation safety officer is working with 112 grams of a radioactive substance. After 17 days,...
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A person invests $4080 in stocks today, and their value doubles every 5years. Let f (t) be the value (in dollars) of the investment at t years from now.
(a.) Find an equation of f.
(b). Find the value of the investment 20 years from now.
equation f can be modeled by the exponential equation of the form
f(t)=abt
a=
b=
b. The value of the investment 20 years from now is
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