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Delvig [45]
4 years ago
5

The function f(t)= 15000(1.08)^t models the value of an investment t years from now. What is the meaning of the value of f(10)

Mathematics
1 answer:
guajiro [1.7K]4 years ago
4 0

in the f(t) = 15000(1.08)ᵗ, which is a form of a compounded interest formula, t = years, so


f(t) = 15000(1.08)¹⁰ , is the value of it when t = 10, after 10 years.


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