amount = 5000(2)^(t/12), where t is the number of years.
plug in 36, 48
actually, you should be able to do this in your head.
after 12 years ----> 10,000
after 24 years ----> 20,000
after 36 years ----> 40,000
after 48 years ----> 80,000
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
2 answers
Ohhhh... Thank YOU SO MUCH Reiny
3 answers