Suppose an investment of $2,300 doubles in value every decade. The function gives the value of the investment after x decades. f(x)=2300*2^x How much is the investment worth after 2 decades?a.$2,355,200 b. $92,000 c. $46,000 d. $9,200
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Answer 1
Answer:
f ( x ) = 2,300 * 2^x After 2 decades: x = 2. f ( 2 ) = 2,300 * 2 ^2 = 2,300 * 4 = 9,200 Answer: D ) $9,200