1) The Dow Jones index is a stock market index for the New York Stock Exchange. The Dow Jones index for the period 1980-2000 can be modeled by V(t) = 878 e0.121t where t is the number of years after 1980. Determine how many years after 1980 the Dow Jones index reached 5000?

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
icon
Related questions
Question
13.3 Base e word problems
Name:
Do your work in Desmos and save your work. Write your answer in a sentence below.
1) The Dow Jones index is a stock market index for the New York Stock Exchange.
The Dow Jones index for the period 1980-2000 can be modeled by
V(t) = 878 e0.121t
where t is the number of years after 1980. Determine how many years after 1980 the
Dow Jones index reached 5000?
2) The Nikkei 225 index is a stock market index for the Tokyo Stock Exchange. The
Nikkei 225 index for the period 1990-2010 can be modeled by
V(t) = 23,500e-0.0381t
where t is the number of years after 1990. Determine how many years after 1990 the
Nikkei 225 index reached $20,000.
3. Nevada's population in 1990 was 14.2 million and can be modeled by
y = 14.2e0.0079t
where t is the number of years after 1990. Determine the current population today
according to this model.
Transcribed Image Text:13.3 Base e word problems Name: Do your work in Desmos and save your work. Write your answer in a sentence below. 1) The Dow Jones index is a stock market index for the New York Stock Exchange. The Dow Jones index for the period 1980-2000 can be modeled by V(t) = 878 e0.121t where t is the number of years after 1980. Determine how many years after 1980 the Dow Jones index reached 5000? 2) The Nikkei 225 index is a stock market index for the Tokyo Stock Exchange. The Nikkei 225 index for the period 1990-2010 can be modeled by V(t) = 23,500e-0.0381t where t is the number of years after 1990. Determine how many years after 1990 the Nikkei 225 index reached $20,000. 3. Nevada's population in 1990 was 14.2 million and can be modeled by y = 14.2e0.0079t where t is the number of years after 1990. Determine the current population today according to this model.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Knowledge Booster
Differential Equation
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, algebra and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
Algebra and Trigonometry (6th Edition)
Algebra and Trigonometry (6th Edition)
Algebra
ISBN:
9780134463216
Author:
Robert F. Blitzer
Publisher:
PEARSON
Contemporary Abstract Algebra
Contemporary Abstract Algebra
Algebra
ISBN:
9781305657960
Author:
Joseph Gallian
Publisher:
Cengage Learning
Linear Algebra: A Modern Introduction
Linear Algebra: A Modern Introduction
Algebra
ISBN:
9781285463247
Author:
David Poole
Publisher:
Cengage Learning
Algebra And Trigonometry (11th Edition)
Algebra And Trigonometry (11th Edition)
Algebra
ISBN:
9780135163078
Author:
Michael Sullivan
Publisher:
PEARSON
Introduction to Linear Algebra, Fifth Edition
Introduction to Linear Algebra, Fifth Edition
Algebra
ISBN:
9780980232776
Author:
Gilbert Strang
Publisher:
Wellesley-Cambridge Press
College Algebra (Collegiate Math)
College Algebra (Collegiate Math)
Algebra
ISBN:
9780077836344
Author:
Julie Miller, Donna Gerken
Publisher:
McGraw-Hill Education