cesarkapalot cesarkapalot

09-12-2020
Mathematics

contestada

in 2010 an item cost $200. The price increase by 1.5% each year. How much wil it cost in 2030?
Round
your
answer to the nearest cent.

Respuesta :

KristianM408 KristianM408

09-12-2020

Step-by-step explanation:

Let P be price after t year . From the formula of compounding

P = 9 (1.015)^t

Taking log to the base e on both sides

ln P = ln 9 + t ln 1.015

= (2.197 + .0149t )

P = e^{(2.197+.0149t)}

Answer Link

Otras preguntas

What difference in meaning, if any, is there between the term "toxicity" and "ecotoxicity" in this document?

Which or these equations is balanced H2SO4 + 2Al > Al2(SO4)3 + H2 or 2KCl + Pb(NO3)2 > 2KNO3 + PbCl2

Sketch the quadratic function f(x) = x2 + 4x + 3. Which key feature of the graph is given incorrectly? A) minimum (-2, -1) B) y-intercept (0, 2) C) x-intercep

what is a light year? Explain why light-years are used to measure distances and sizes in the universe

Jarad, a middle school student, receives $5000 from his grandmother. He decides to invest it in an interest-bearing account, in hopes of earning enough interest

For every question that Harry asks, the Professor has a ready answer. Which character do you think the author might feel is the most representative of himself?

Solve the equation 2 (x - 1/2) = 3(5 - 2x) . Show the steps in your solution.

A group of lines in poetry is known as (5 points) a paragraph a stanza a paraphrase a summary

plz help me so I can give u points and I get the answer thx

The spinning Jenny reduced the number of workers nessesary to