• anonymous
How do I calculate percantage of increase each year for this problem? 1600e.052t T=years after year 2000 that 1600 was invested in money market
  • Stacey Warren - Expert
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  • katieb
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  • anonymous
Firstly, the general equation is:\[f(t) = 1600e^{0.052t}\] so you're solving for T. Find the answer after you substitute the 2 given T's which are : T= 2000 and T = 1600 After that, to know how much was the percentage increased, subtract both answers and you'll get what you're looking for ^_^ Give it a one more try :) I hinted the answer

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