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defon
3 years ago
12

The function V(t)= 1,000(1.06)^2t models the value of an investment after t years.

Mathematics
1 answer:
RideAnS [48]3 years ago
8 0

Answer:

It's 1,000

Step-by-step explanation:

exponential form is f(x)= a × b^2

(a=initial amount)

(b=growth rate)

you would replace a for 1000 and b for .06 (+1)

v(t)=1000(1.06)^2t

therefore the initial amount is 1000

if this didnt help sorry lol

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Read 2 more answers
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