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having trouble with this question. Please answer A and B and show full steps :) A particular fund is being managed by an investment group.
having trouble with this question. Please answer A and B and show full steps :)
A particular fund is being managed by an investment group. The group records the value of the investment at the end of each month. The table below shows the recorded values for the first 5 months of the investment. time (4) in months Fund Value (V) in $ 0 50 000.00 1 53 000.00 2 56 180.00 59 550.80 4 63 123.85 5 66 911.28 (a) Determine whether the data above can be represented by an exponential function. O b) Estimate the value of the fund after 1.5 months. Provide evidence to support your estimateStep by Step Solution
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