Solve the Problem $A = 8,500 e ^ { 0.065 t }$

question 158

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 $A = 8,500 e ^ { 0.065 t }$ . By what percentage is the account increasing each year?

• A) 6.7%
• B) 7.2%
• C) 7.1%
• D) 6.9%

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Definitions:

Metabolic Oxidation

The process in which organic substances are broken down to produce energy in cells.

Carboxylic Acids

Organic compounds containing a carboxyl group (-COOH) that are characterized by their acidic properties.

Condensed Structural

A method of representing a molecule's structure in a simplified form without showing all atoms, focusing instead on the organization of its atoms.

Lone Pair Electrons

Pairs of valence electrons on an atom that are not shared with another atom and are not involved in bonding.