investments increase exponentially by about 60% every 6 years. if you start with a $2,500 investment, how…

investments increase exponentially by about 60% every 6 years. if you start with a $2,500 investment, how much money would you have after 18 years?\nfuture amount = ?(1 + )^ \nfuture amount = i(1 + r)^t\nenter the number that belongs in the green box.

investments increase exponentially by about 60% every 6 years. if you start with a $2,500 investment, how much money would you have after 18 years?\nfuture amount = ?(1 + )^ \nfuture amount = i(1 + r)^t\nenter the number that belongs in the green box.

Answer

Answer:

$2500$

Explanation:

Step1: Identify the initial - investment value

The initial investment $I$ is the starting amount of money. In the formula $Future\ Amount = I(1 + r)^t$, the value that goes in the first box (green box) represents the initial investment. Given that the starting investment is $$2500$, so the number in the green box is $2500$.