Solve the problem.
-The value of a particular investment follows a pattern of exponential growth. In the year 2000, you invested money in a money market account. The value of your investment t years after 2000 is given by the exponential
Growth modelel $\mathrm { A } = 8000 \mathrm { e } ^ { 0.045 \mathrm { t } }$ . H. ow much did you initially invest in the account?
A)$360.00
B)$4000.00
C)$8000.00
D)$8368.22

Question

Quizplus · Accepted Answer

The initial investment is found by evaluating the exponential growth model at $t = 0$, which gives $A = 8000e^{0.045(0)} = 8000e^0 = 8000$.

Solve the Problem A=8000e0.045t\mathrm { A } = 8000 \mathrm { e } ^ { 0.045 \mathrm { t } }A=8000e0.045t

Solve the Problem $\mathrm { A } = 8000 \mathrm { e } ^ { 0.045 \mathrm { t } }$