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shepuryov [24]
3 years ago
8

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Mathematics
1 answer:
Anna007 [38]3 years ago
6 0

You want to find the time <em>t</em> such that

\$1000 = \$200 e^{0.04t}

Divide both sides by $200 :

\dfrac{\$1000}{\$200} = 5 = e^{0.04t}

Take the logarithm of both sides:

\ln(5) = \ln(e^{0.04t}) = 0.04t\ln(e) = 0.04t

Divide both sides by 0.04 and solve for <em>t</em> :

t = \dfrac{\ln(5)}{0.04} \approx 40.24 \approx \boxed{40}

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