he amount of money in an investment is modeled by the function A(t) = 650(0.7969)'. The ariable A represents the investment balance in dollars, and t the number of years since 2001. A) In 2001, the balance was $ 3) The amount of money in the investment is increasing exponentially v C) The annual rate of change in the balance is or r = %. D) In the year 2009 the investment balance will equal Round answer to the nearest penny.
he amount of money in an investment is modeled by the function A(t) = 650(0.7969)'. The ariable A represents the investment balance in dollars, and t the number of years since 2001. A) In 2001, the balance was $ 3) The amount of money in the investment is increasing exponentially v C) The annual rate of change in the balance is or r = %. D) In the year 2009 the investment balance will equal Round answer to the nearest penny.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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![The amount of money in an investment is modeled by the function \( A(t) = 650(0.7969)^t \). The variable \( A \) represents the investment balance in dollars, and \( t \) the number of years since 2001.
(A) In 2001, the balance was $[ ].
(B) The amount of money in the investment is [increasing exponentially].
(C) The annual rate of change in the balance is \( r = [ ] \) or \( r = [ ]\% \).
(D) In the year 2009 the investment balance will equal $[ ]. \text{ Round answer to the nearest penny.}](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F48fa4630-898d-4668-bcbd-9d78703ecc6b%2Fedaae982-eb3d-4d8a-bc73-ad6188d2a39e%2Ftjaae6_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The amount of money in an investment is modeled by the function \( A(t) = 650(0.7969)^t \). The variable \( A \) represents the investment balance in dollars, and \( t \) the number of years since 2001.
(A) In 2001, the balance was $[ ].
(B) The amount of money in the investment is [increasing exponentially].
(C) The annual rate of change in the balance is \( r = [ ] \) or \( r = [ ]\% \).
(D) In the year 2009 the investment balance will equal $[ ]. \text{ Round answer to the nearest penny.}
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