Finite Math and Applied Calculus (6th Edition)

Published by Brooks Cole
ISBN 10: 1133607705
ISBN 13: 978-1-13360-770-0

Chapter 9 - Section 9.3 - Logarithmic Functions and Models - Exercises - Page 658: 51b

Answer

$3.8$ months

Work Step by Step

If $y=A(1.20^{t}), \qquad$(by part a.) we want to find t for which $y=2A$. $2A=A(1.20)^{t} \qquad/\div A$ $2=(1.20)^{t} \qquad/\log(...)$ $\log 2=t\log 1.20$ $t=\displaystyle \frac{\log 2}{\log 1.20}\approx 3.8$ months.
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