Asked by Name

8. Suppose an investment of $5,000 doubles every 12
years. How much is the investment worth after 36
years? After 48 years?
Write and solve an exponential equation.
Answered by Francis
its not so confusing. just multiply 2 to 5,000 then then again and agin and again. you will need to do this 4 times. 5,000*4=20,000
Answered by Name
How do I write and solve an exponential equation though?
Answered by Damon
5000 * 2^(n/12)
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