A doll sold for $228 in 1975 and was sold again in 1990 for $401. Assume that the growth in the value V of the collector's item was exponential a) Find the value k of the exponential growth rate. Assume V = 228. k= 0.038 (Round to the nearest thousandth.) b) Find the exponential growth function in terms of t, where t is the number of years since 1975. V(t) = H

A doll sold for $228 in 1975 and was sold again in 1990 for $401. Assume that the growth in the value V of the collector's item was exponential a) Find the value k of the exponential growth rate. Assume V = 228. k= 0.038 (Round to the nearest thousandth.) b) Find the exponential growth function in terms of t, where t is the number of years since 1975. V(t) = H

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,...

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Question

A doll sold for $228 in 1975 and was sold again in 1990 for $401. Assume that the growth in the value V of the collector's item was exponential.
a) Find the value k of the exponential growth rate. Assume V = 228.
k= 0.038
(Round to the nearest thousandth.)
b) Find the exponential growth function in terms of t, where t is the number of years since 1975.
V(t) =
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