ToxicBug
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It is known that a(t) is of the form at² + b. If $100 is invested at time 0 accumulates to $172 at time 3, find the accumulated value at time 10 of $100 invested at time 5.
I've found b by doing this:
a(t) = at² + b
A(t) = A(0)a(t)
at time t = 0:
A(0) = A(0)(0 + b)
b = 1
Now is it correct to say the following:
172 = 100(a*3² + 1)
thus a = 0.08
and then the accumulated value at time 10 of $100 invested at time 5 is:
A(10) = 100(0.08(10²)+1) - 100(0.08(5²)+1)
A(10) = 900 - 300 = $600?