205k views
2 votes
Vanessa invested $2,500 into an account that will increase in value by 3.5% each year. Write an exponential function to model this situation, then find the value of the investment after 20 years. Using the word problem above, what number goes in the "a"position of the formula?

User Sheldore
by
3.4k points

1 Answer

1 vote
$2,500•$35•20 years
A= $1,750,000
User Maviz
by
3.8k points