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Today, 00:30

Suppose an investment of $2,300 doubles in value every decade. The function f (x) = 2,300*2^x gives the value of the investment after x decades. How much is the investment worth after 2 decades?

a. $9,200

b. $9,200

c. $92,000

d. $46,000

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Answers (1)
  1. Today, 01:37
    0
    Plug in 2 for X.

    so the equation should look like this:

    f (x) = 2,300*2^ (2)

    This simplifies to:

    f (x) = 2,300*4

    Do this and find your answer!
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