The meaning of value of f(10) will be the value of the investment in 10 years. Then the correct option is B.
What is an exponent?
Let a be the initial value and x be the power of the exponent function and b be the increasing factor.
The exponent is given as
y = a(b)ˣ
The function [tex]\rm f(t)= 15000 \times (1.08)^t[/tex] models the value of an investment t years from now.
The value of the investment after 10 years will be
f(10) = 1500 × (1.08)¹⁰
f(10) = 1500 × 2.1589
f(10) = 3238.39
The meaning of value of f(10) will be the value of the investment in 10 years.
Then the correct option is B.
More about the exponent link is given below.
https://brainly.com/question/5497425
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