The following table shows the value V, in dollars, of an investment after t years.
t 0 1 2 3 V $3025.00 $3206.50 $3398.89 $3602.82?
A: Make a table of successive ratios to show that the value of the investment can be modeled by an exponential function. Round your answer to two decimal places.B: Find an exponential model for the data. Round your answer to two decimal places.C: Plot the graph of the data points along with the exponential model. Include up to 10 years.D: According to the model, when will the value of the account reach $7563.02? Round your answer to two decimal places.
What will be an ideal response?
A:
?
Time increment | From | From | From |
Ratios of V |
?
?
B:
C:
D: After 15.73 years
Mathematics
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