Answer
$t \approx 54.931$ years
Work Step by Step
Plot the graphs of
$$
V=1000 e^{0.02 t},
y= 3000;
$$ and trace the graphs to find $t \approx 54.931$ years.
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 - 4.5 The Number e - Exercises and Problems for Section 4.5 - Exercises and Problems - Page 174: 31
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