Please help explanation if possible
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9514 1404 393
Answer:
A = 2000(1 +1)^(t/9)
$64,000
Step-by-step explanation:
The growth rate is 100% in 9 years, so the equation can be written ...
A = 2000(1 +1.00)^(t/9)
The amount in 45 years is ...
A = 2000(2^5) = 2000×32 = 64,000 . . . dollars