A initial deposit in a bank account grows continuously according to the formula B=600e^.15t, where B is the amount in the bank t years after 2020. Write the exponential function B=600*e^.15t in the form of B=a(b)^t. once you have rewritten the formula, give the value of b accurate to at least four decimal place.
A initial deposit in a bank account grows continuously according to the formula B=600e^.15t, where B is the amount in the bank t years after 2020. Write the exponential function B=600*e^.15t in the form of B=a(b)^t. once you have rewritten the formula, give the value of b accurate to at least four decimal place.
Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter4: Exponential And Logarithmic Functions
Section4.CT: Chapter Test
Problem 11CT
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A initial deposit in a bank account grows continuously according to the formula B=600e^.15t, where B is the amount in the bank t years after 2020.
Write the exponential function B=600*e^.15t in the form of B=a(b)^t. once you have rewritten the formula, give the value of b accurate to at least four decimal place.
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