C Warren invests $100,000 into a fund that combines stocksand bonds. The return varies

Chapter 8, Problem 54

(choose chapter or problem)

C Warren invests $100,000 into a fund that combines stocksand bonds. The return varies from year to year. The balance at5-year intervals is given in the table below.t Balance ( 1000)5 14210 23015 31420 483Find constants a and b such that the model y = aebt best fits thedata. Use your model to predict when the investment fund balancewill reach 1 million dollars.

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