The amount of money in trillions of dollars) that is invested in passively managed mutual funds can be approximated by the function Alx)=0.35(1,16)", where x=1 corresponds to the year 2001 (a) What was the amount of money in passively managed mutual funds in 2014 and 2017?
(b) If the trend continues, what is the first full year when the amount of passively managed mutual funds exceeds 56.5 trillion?
(a) Which of the following describes how to find amount of money in passively managed mutual funds in 2014 using the given information? Select the correct choice below and fill in the answer box to complete your choice
(Type an integer or a decimal)
O A. To find the amount of money in passively managed mutual funds in 2014, substitute for x and evaluate to find f(x).
OB. To find the amount of money in passively managed mutual funds in 2014, find the intersection point of the graphs y = 0 35(1.16) and y- The amount of money in passively managed mutual funds in 2014 is
represented by the y-coordinate.
In 2014, the amount of money in passively managed mutual funds was about trillion
Type an integer or decimal rounded to the nearest hundredth as needed)
Which of the following describes how to find the amount of money in passively managed mutual funds in 2017 using the given information? Select the correct choice below and fill in the answer box to complete your choice
(Type an Integer or a decimal.)
OA. To find the amount of money in passively managed mutual funds in 2017, find the intersection point of the graphs y = 0 35(1 16) and y = The amount of money in passively managed mutual funds in 2017 is
represented by the y-coordinate
OB. To find the amount of money passively managed mutual funds in 2017, substitute for x and evaluate to find f(x)
In 2017, the amount of money in passively managed mutual funds was about Strillion
(Type an integer or decimal rounded to the nearest hundredth as needed)