Devise the exponential growth function that fits the given data; then answer the accompanying questions. Be sure

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Devise the exponential growth function that fits the given data; then answer the accompanying questions. Be sure to identify the reference point (t = 0) and units of time.

How long will it take an initial deposit of $1500 to increase in value to $2500 in a saving account with an APY of 3.1%? Assume the interest rate remains constant and no additional deposits or withdrawals are made.

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Calculus Early Transcendentals

ISBN: 978-0321947345

2nd edition

Authors: William L. Briggs, Lyle Cochran, Bernard Gillett

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