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OpenStudy (anonymous):
Need help on an exponential functions question?
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OpenStudy (anonymous):
Suppose an investment of $6,600 doubles in value every 8 years. How much is the investment worth after 40 years?
OpenStudy (anonymous):
I have lots of questions like this and was just wondering what the equation would be to get the answer, still not sure.
OpenStudy (nurali):
40 years is 5 doublings. 6,600 x 2^5 = $211,200.
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