The function V(t) = 1,000(1.06)2t models the value of an investment after t years. What does the coefficient “2” represent in the exponent of the function?

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asked Jun 19, 2022 75.7k views

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The function V(t) = 1,000(1.06)2t models the value of an investment after t years. What does the coefficient “2” represent in the exponent of the function?

Mathematics
middle-school

Monwe asked

by Monwe

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Answer:

Explanation:

Alan Kazbekov answered Jun 24, 2022

by Alan Kazbekov

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