Answer:
It will take about 7.3 years for his money to triple.
Step-by-step explanation:
Identify the variables in the formula.
A = 150,000
P = 50,000
r = 0.15
t = ?
A = Pe^rt
Substitute the values into the formula.
150,000 = 50,000e^0.15*t
Solve for t. Divide each side by 50,000.
3 = e^0.15*t
Take the natural log of each side.
ln 3 = ln e^0.15*t
Use the power property and then simplify.
ln 3 = 0.15*t ln e
ln 3 = 0.15-t
Divide each side by 0.15.
(ln 3)
/(0.15) = t
Approximate the answer.
t ≈ 7.3
I don’t quite understand your question
The average rate of change over some interval [a, b] is equal to the slope of the secant line from (a, h(a)) to (b, h(b)).
h(t) is a quadratic function, so its graph is a parabola, and in particular it's one that has a minimum of -4 when t = 2.
The secant line over an interval [a, b] will have a negative slope if the distance from a to 2 is larger than the distance from b to 2.
(A) If a = 4 and b = 5, then |a - 2| = 2 and |b - 2| = 3, so the slope and hence average rate of change is positive.
(B) If a = -1 and b = 5, then |a - 2| = 3 and |b - 2| = 3, so this ARoC is zero.
(C) If a = 0 and b = 4, then |a - 2| = 2 and |b - 2| = 2, so this ARoC is also zero.
(D) If a = -1 and b = 4, then |a - 2| = 3 and |b - 2| = 2, so this ARoC is negative.
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