1 11 Kenzie monitors her investment on a technology
stock. She uses the expression 2013e2+, where t
is the time in years, to estimate the future value
of the stock. What is the meaning of 2013 in this
context?
A. beginning year
B. invested amount
C. future value
D. annual growth rate

B

Step-by-step explanation:

The term 2013 in this context refers to the amount invested.

Mathematically, in finance, we can express the amount to be recouped on an investment, having a particular rate of return over a couple of years using the general formula;

V = P(1+r)^t

Such as in the case of amount obtained in a compound interest formula

Where P is the present value or principal or amount invested

V is the future value

r is the rate of investment

with t being the time taken

answer: a.

step-by-step explanation: the answer is a. because, you need to converge the fractions to find a solution.

b

step-by-step explanation: