Answer
(a) Q = 2000(1.05)^t
(b) 3257.79
Work Step by Step
(a) Q = ab^t
a = initial amount = 2000
b = growth factor = increasing = 1 + 0.05 (5%) = 1.05
=> Q = 2000(1.05)^t
(b) Q = 2000(1.05)^10
Q = 3257.79
Functions Modeling Change: A Preparation for Calculus, 5th Edition
by Connally, Eric; Hughes-Hallett, Deborah; Gleason, Andrew M.; Cheifetz, Phil C.
Published by
Wiley
ISBN 10:
1118583191
ISBN 13:
978-1-11858-319-7
Chapter 4 - Exponential Functions - 4.1 Introduction to the Family of Exponential Functions - Exercises and Problems for Section 4.1 - Exercises and Problems - Page 145: 23
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