Solve the Problem $\mathrm { A } = 1,400 \mathrm { e } ^ { 0.047 \mathrm { t } }$

question 348

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 $\mathrm { A } = 1,400 \mathrm { e } ^ { 0.047 \mathrm { t } }$ . When will the account be worth $1,856?

• A) 2006
• B) 2005
• C) 2007
• D) 2008

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Definitions:

Switch Statement

A control statement in programming that allows a variable to be tested for equality against a list of values, each with a set of statements to be executed.

Logical Operator

Operators used in programming to perform logical operations like AND, OR, and NOT, typically used in decision-making processes.

!=

A relational operator in programming that checks if two values are not equal to each other.

Syntax Error

An error in the syntax of a programming language code, preventing the program from being compiled or executed correctly.