Mathematics, 23.07.2021 16:00 batmandillon21
The amount of money Aria has in the bank after T years is determined by the equation A = 1,000 · 1.0512^T. After how many years will Aria have $2,000 in the bank?
(1) 12.9 (2) 13.9
(3) 14.9
(4) 15.9
Answers: 1
and begin by dividing away the 1000 on both sides to get
now we have to take the natural log of both sides:
. Taking the natural log allows us to bring the t down out front:
and do this on your calculator to get
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The amount of money Aria has in the bank after T years is determined by the equation A = 1,000 · 1.0...
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