Exponential model is y=Ae^(kt)
Assume initial start is 2005, time = 0, so y = 18000e^(kt)
45000 = 18000*e^(k5)
solve for k, approx 0.1832
y = 18000*e^(1.832) = 112,435, approximately
Answer:
192
Step-by-step explanation:
Eight hundred seventy six thousand five hundred forty three.
Answer:
$9261
$1261
Step-by-step explanation:
Principal: $8000
Interest rate: 5% PA compounded annually
Time: 3 years
- Sum = $8000*(1.05)³ = $9261
- Interest = $9261 - $8000 = $1261
Answer:
y=-8
x=-23
Step-by-step explanation:
see attached document
