The former accountant of a company had made an investment on behalf of it. You can...
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The former accountant of a company had made an investment on behalf of it. You can only find two statements of this investment in the file. One of them is dated from 1997 and indicates $35,000 as the acquired value of the investment. The other statement, dated 2002, indicates $56,800 as the value of the investment. a) Find the mathematical model describing the value of the investment according to of the number of years. b) What was the value of the investment in 2014? The former accountant of a company had made an investment on behalf of it. You can only find two statements of this investment in the file. One of them is dated from 1997 and indicates $35,000 as the acquired value of the investment. The other statement, dated 2002, indicates $56,800 as the value of the investment. a) Find the mathematical model describing the value of the investment according to of the number of years. b) What was the value of the investment in 2014?
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a The investment seems to follow an exponential growth pattern We can express the value of the inves... View the full answer
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