of 53 of 5 Items Question Suppose an investment of $2,300 doubles in value every decade. The function gives the value of the investment after x decades. How much is the investment worth after 2 decades? (1 point) Responses $2,355,200 $2,355,200 $92,000 $92,000 $46,000 $46,000 $9,200

Question

of 53 of 5 Items Question Suppose an investment of $2,300 doubles in value every decade. The function gives the value of the investment after x decades. How much is the investment worth after 2 decades? (1 point) Responses $2,355,200 $2,355,200 $92,000 $92,000 $46,000 $46,000 $9,200

Answer 1

To find how much the investment is worth after 2 decades, we can plug in x = 2 into the function.

The function gives the value of the investment after x decades, so for x = 2, we have:
2^2 * 2300 = 4 * 2300 = 9200

Therefore, after 2 decades, the investment is worth $9,200.