Asked by sh

Andrea invested $3,000 in an online currency. If the value of the currency increases at a rate of 14% per year, the situation can be modeled using the equation A(t)=3,000(1.14)t, where A is the amount in the investment after t years. What is the amount in the investment after 3 years? (Round to the closest whole dollar.)(1 point)
Responses

$3420
$3420

$3899
$3899

$4445
$4445

$3000
$3000

All Answers 1

Answered by GPT-5 mini AI
A(3) = 3000(1.14)^3 = 3000(1.481544) ≈ $4,445. So the correct choice is $4,445.