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Scorpion4ik [409]

3 years ago

6

vanessa invested $2500 into an account that will increase in value 3.5% each year. write an exponential function, then find the

value of the investment after 20 years

1 answer:

riadik2000 [5.3K]3 years ago

4 0

Answer: A = 2500 (1.035)^n

A= $ 4,974.47

Step-by-step explanation:

A=P(1+r)^n

A= Amount

P= Principal

R= rate

N= # of years

A= 2500(1.035)^n

N=20

2500(1.035)^20

A= 4,974.47

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$s(av) = \frac{∆x}{∆t} \\$

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3 years ago