An investment appreciates 2% per year. Originally $5000 is invested. What is an equation to model this where F is the value of the investment and t is the years that passes. F = 5000(0.98) OF= 500(1.02) F = 5000(-0.02)t F = 5000(0.02)t

Calculus: Early Transcendentals
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ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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An investment appreciates 2% per year. Originally $5000 is invested. What is an
equation to model this where F is the value of the investment and t is the years that
passes.
OF = 5000(0.98)t
F = 500(1.02)t
OF = 5000(-0.02)t
OF = 5000(0.02)t
Transcribed Image Text:An investment appreciates 2% per year. Originally $5000 is invested. What is an equation to model this where F is the value of the investment and t is the years that passes. OF = 5000(0.98)t F = 500(1.02)t OF = 5000(-0.02)t OF = 5000(0.02)t
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