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Sagot :
An exponential growth can be modeled with the function
[tex]\begin{gathered} y=I(1+r)^t \\ \text{where} \\ I\text{ is the initial value} \\ r\text{ is the rate} \\ t\text{ is the time} \end{gathered}[/tex]The given function that represents the amount of money in the account after t years is
[tex]\begin{gathered} A(t)=645(1+0.06)^t \\ \\ \text{where we can say that} \\ I=645 \\ r=0.06 \end{gathered}[/tex]Since the initial value is 645, we can therefore say that the original amount of money Daniel invested is $645.
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