SOLUTION: Vanessa invested $3,400 in an account that will increase in value by 3.6% each year. Write an exponential function to find the value of this investment after 10 years.

SOLUTION: Vanessa invested $3,400 in an account that will increase in value by 3.6% each year. Write an exponential function to find the value of this investment after 10 years.

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Question 1154872: Vanessa invested $3,400 in an account that will increase in value by 3.6% each year. Write an exponential function to find the value of this investment after 10 years.
Answer by Theo(13342) (Show Source): You can put this solution on YOUR website!
y = 3400 * 1.036 ^ 10
in 10 years, the value will be 4842.576288

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