Westonci.ca is your go-to source for answers, with a community ready to provide accurate and timely information. Experience the ease of finding accurate answers to your questions from a knowledgeable community of professionals. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.
Sagot :
The number of the years to take for the farmland's market value to reach $125,000 will be 19 years.
The missing function will be given below.
[tex]\rm p(t) = 78,125\ e^{0.025t}[/tex]
What is an exponent?
Let a is the base and x is the power of the exponent function and b is the y-intercept. The exponent is given as
y = aˣ
A patch of farmland is currently worth $78,125. The expected increase in its market value can be modeled by the function below.
[tex]\rm p(t) = 78,125\ e^{0.025t}[/tex]
Then the number of the years to take for the farmland's market value to reach $125,000 will be
[tex]\rm 78,125 \ e^{0.025t} = 125,000\\\\e^{0.025t} = 1.6[/tex]
Then take log on both sides, then we have
0.025t lne = ln 1.6
0.025t = 0.47
t = 18.8
t = 19 years
More about the exponent link is given below.
https://brainly.com/question/5497425
#SPJ1
We hope our answers were helpful. Return anytime for more information and answers to any other questions you may have. We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. Find reliable answers at Westonci.ca. Visit us again for the latest updates and expert advice.
