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Answer :
Final answer:
The rate of flow of money at t = 8 is found by substituting 8 into the function, giving f(8) = 7000 * e^(-48). Therefore, the correct answer is 1) 7000 * e^(-48).
Explanation:
The function f(t) = 7000 * e^(-6 * t) models the flow of money, in dollars per year, over a specified time period ‘t’. When we want to find the rate of money flow at t = 8, we substitute 8 into the function giving us f(8) = 7000 * e^(-6 * 8). This simplifies to f(8) = 7000 * e^(-48). Thus, the correct answer is option 1) 7000 * e^(-48).
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