Answer:
24
Step-by-step explanation:
Part A: The exponential function is the best model for the given data. The data shows that every month the number of visitor approximately doubles from previous month. In other words the number is some base value (2, in this case) with the number of month (t) being in the exponent. This the a key characteristic of an exponential growth.
Part B: (also explained above). Every month the number of visitors approximately doubles. Starting with 5.74 at month 8, the numbers goes up by about the same amount to 12.0 at month 9. At month 10, a similar increase occurs (doubling would be 24, and the data shows 25, so this is all "aproximate"). This trend continues throughout the table.
Part C:
Month 7 will be estimated as half of month 8 (going backward):
Month 7: 5.74/2=2.87
Estimate for month 7 = 2.87 thousand visitors.
Answer:
C
Step-by-step explanation:
Using the rule of radicals/ exponents
⇔ ![\sqrt[n]{a^{m} }](https://tex.z-dn.net/?f=%5Csqrt%5Bn%5D%7Ba%5E%7Bm%7D%20%7D)
Given
=
→ C
Answer:
amount is 1000 ×
$40762.20 balance of Donna's account will be 1 million dollars when she retires in 40 years
rate 14.97 % when Donna's account will have a balance of 1 million dollars in 40 years when principal is $2500
Step-by-step explanation:
principal = $1000
rate = 8 % = 0.08
to find out
the future value, S(t)
principal when Donna's account will be 1 million dollars when she retires in 40 year
at what rate Donna's account will have a balance of 1 million dollars in 40 years
solution
we know compounded continuously formula i.e.
amount = principal ×
..................1
put the value principal and rate in equation 1 to find amount any time
amount = principal ×
amount = 1000 ×
in 2nd part we have time 40 year and amount 1 million so put rate amount and time in equation 1 to find principal
rt = 0.08 × 40 = 3.2
amount = principal × 
1000000 = principal × 
principal = 1000000 / 
principal = 1000000 / 24.5325302
principal = 40762.20397
so $40762.20 balance of Donna's account will be 1 million dollars when she retires in 40 years
in 3rd part we have amount 1 million and principal $2500 and time 40 year put all these in equation 1 to find rate
amount = principal × 
1000000 = 2500 × 
take ln both side
ln
= ln (1000000 / 2500 )
40 r = ln 400
r = ln (400) / 40
r = 0.149787
so rate 14.97 % when Donna's account will have a balance of 1 million dollars in 40 years when principal is $2500