A Good Investment
Situation: Tray Young made a good investment. The stock that he invested $100,000 In, in 2015 has been growing at a rate of 5% every year!
What you need to do:
a) Make a graph that represents Tray's
Investment. Label your axes and any
Important points!
b) Write an exponential equation that models
Tray's investment.
c) use your equation to find out how much his
Investment will be worth 15 years from no
w, in 2036.
Show all your work! Including the graph
Situation: Tray Young made a good investment. The stock that he invested $100,000 In, in 2015 has been growing at a rate of 5% every year!
What you need to do:
a) Make a graph that represents Tray's
Investment. Label your axes and any
Important points!
b) Write an exponential equation that models
Tray's investment.
c) use your equation to find out how much his
Investment will be worth 15 years from no
w, in 2036.
Show all your work! Including the graph