Model Exponential Growth and Decay
Solve $t$ Years After 2000 Is Given by the Exponential Growth Model

question 101

Multiple Choice

Model Exponential Growth and Decay
Solve.
-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 $\mathrm { A } = 3800 \mathrm { e } ^ { 0.062 \mathrm { t } }$ . When will the account be worth $\$ 6639$ ?

• A) 2009
• B) 2010
• C) 2011
• D) 2008

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