October 13, 2015

Homework Help: Algebra word problem

Posted by Soph. on Thursday, October 25, 2007 at 10:06pm.

please help me with the following:

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 model a=3000e^0.053t When will the account be worth $5097?

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