PLEASE HELP Kristina invested $2,500 in a brokerage account that is expected to appreciate at a rate of 9% per year. How long will it take her investment
to be worth $25,000. Make sure to show your work for each question.
a.) Does this situation represent growth or decay? (1 pt.)
b.) Write the explicit function that models the situation. (2 pts.)
c.) Use your model and logarithms to calculate the number of years it will take for the value to reach $25,000. Round to the nearest tenths
place if necessary. (2 pts.)