Solve the Problem $\mathrm { A } = 5,300 \mathrm { e } ^ { 0.045 \mathrm { t } }$

question 297

Multiple Choice

Solve the problem.
-The value of a particular investment follows a pattern of exponential growth. In the year 2000, you invested money in a money market account. The value of your investment t years after 2000 is given by the exponential
Growth model A $\mathrm { A } = 5,300 \mathrm { e } ^ { 0.045 \mathrm { t } }$ . How much did you initially invest in the account?

• A) $2,650.00
• B) $5,543.95
• C) $238.50
• D) $5,300.00

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Definitions:

Permanent State

A condition or status that does not change over time and remains constant indefinitely.

Despair

A profound sense of hopelessness, often accompanied by a loss of motivation and decreased emotional well-being.

Indifferent

Having no particular interest or sympathy; unconcerned or neutral towards something.

Psychological State

An individual's current mental condition or mind state, which can affect perceptions, emotions, and behavior.