Answer :
Answer:
[tex]4000(1.023)^t\\\\[/tex]
Step-by-step explanation:
Using this exponential growth equation we can get an equation that models the situation.
A= Principal Amount
R= Rate of Growth
T= Amount of time
[tex]A=4000\\R=2.3/100=.023\\T= Non[/tex]
[tex]A(1+R)^t\\4000(1+0.23)^t\\4000(1.023)^t\\\\[/tex]