Intermediate Algebra for College Students (7th Edition)

Published by Pearson
ISBN 10: 0-13417-894-7
ISBN 13: 978-0-13417-894-3

Chapter 9 - Section 9.5 - Exponential and Logarithmic Equations - Exercise Set - Page 727: 100

Answer

a.$A=25$ million b.$t=6.06$ years later, meaning in year $2017$

Work Step by Step

$A=25e^{0.0187t}$ a. At $2010, t=0$ Thus, $A=25e^0=25$ million b. $28=25e^{0.0187t}$ $1.12=e^{0.0187t}$ $\ln 1.12=0.0187t$ $t=6.06$ years later, meaning in year $2017$
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