3 years ago

Determine if given table represents a function. Explain

Mathematics

1 answer:

vichka [17]3 years ago

3 0

Answer:

The table is not a function because of the same range and different domain values.

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Answer: 6.93 years

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Given

Rate of interest is $r=10\%$

Future value is given by $s=1000e^{0.1t}$

For the investment to double itself, i.e. $s=2000$

$\Rightarrow 2000=1000e^{0.1t}\\\Rightarrow 2=e^{0.1t}\\\\\text{Taking log both sides}\\\\\Rightarrow \ln 2=0.1t\\\\\Rightarrow t=\dfrac{\ln 2}{0.1}\\\\\Rightarrow t=6.93\ \text{years}$

It takes around 6.93 years to double the investment.

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