Question
An investment of $5000 doubles in value every decade. The function f(x) = 5000.2^(x), where x is the number of decades, models the growth of
An investment of $5000 doubles in value every decade. The function f(x) = 5000.2^(x), where x is the number of decades, models the growth of the value of the investment. How much is the investment worth after 30 yr?
Step by Step Solution
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There are 3 Steps involved in it
Step: 1
fx 50002 x number of decades ...
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A Survey of Mathematics with Applications
Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde
10th edition
134112105, 134112342, 9780134112343, 9780134112268, 134112261, 978-0134112107
