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An investment account was opened with an infttal value of GBBO. The value of the account doubled every 10 years Which equation represents the value of the account M(t) án dollars, t years after the account was opened? M(t)=800((1)/(2))^(t)/(10) D M(t)=800((1)/(10))^t M(t)=800(2)^(t)/(10) D M(t)=800(10)^t

Pergunta

An investment account was opened with an infttal value of GBBO. The value of the account
doubled every 10 years Which equation represents the value of the account M(t) án
dollars, t years after the account was opened?
M(t)=800((1)/(2))^(t)/(10)
D M(t)=800((1)/(10))^t
M(t)=800(2)^(t)/(10)
D M(t)=800(10)^t

An investment account was opened with an infttal value of GBBO. The value of the account doubled every 10 years Which equation represents the value of the account M(t) án dollars, t years after the account was opened? M(t)=800((1)/(2))^(t)/(10) D M(t)=800((1)/(10))^t M(t)=800(2)^(t)/(10) D M(t)=800(10)^t

Solução

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HannahMestre · Tutor por 5 anos

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To determine the correct equation representing the value of the investment account, we need to consider that the account's value doubles every 10 years. This is a classic example of exponential growth.<br /><br />The general formula for exponential growth is:<br /><br />\[ M(t) = M_0 \times (r)^{\frac{t}{T}} \]<br /><br />where:<br />- \( M(t) \) is the amount of money at time \( t \),<br />- \( M_0 \) is the initial amount of money,<br />- \( r \) is the growth factor,<br />- \( T \) is the time period over which the growth factor applies.<br /><br />In this case:<br />- The initial value \( M_0 \) is given as 800.<br />- The account doubles every 10 years, so the growth factor \( r \) is 2.<br />- The time period \( T \) is 10 years.<br /><br />Plugging these values into the formula gives:<br /><br />\[ M(t) = 800 \times (2)^{\frac{t}{10}} \]<br /><br />Therefore, the correct equation is:<br /><br />\[ M(t) = 800(2)^{\frac{t}{10}} \] <br /><br />This matches option C in your list.
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