The value of a particular investment follows a pattern of exponential growth. You invested money in a money market account. The value of your investment t years after your initial investment is given by the exponential growth model
A=2600e^0.08t
How much was initially invested in the account?
Thanks for your help!
3 answers
$2600 initial at 8% compounded continuously
Can you walk me through how to do this, please? Thanks SO much! :)
$55 at 13%for 4years