# In the year 2000, you invested money in a money market account. The value of your investment t years after 2000 is given by the exponential growth model A = 1900e^(0.058t). By what percentage is the account increasing each year?

##### 1 Answer

Oct 3, 2016

Your growth factor will be

#### Explanation:

And you can rewrite as

A growth factor can be converted to a percentege growth by realizing that