SAT Math Practice Question #13050 - SATify | SATify
#13050
functions
exponential
applications
hard
90 sec
On January 1, 2015, a sum of p dollars was deposited into an investment account. The value of the investment was multiplied by 1.5 each year. On January 1, 2019, the value of the investment was 405 dollars. What is the value of p?
• Up to 5 characters (6 if negative). Only numbers, decimal (.), fraction (/), negative (-). • Fractions must be in lowest terms. • Mixed numbers must be converted to improper fractions.