The amount of money in an investment is modeled by the function A(t) = 700 (1.0198)'. The variable A represents the investment balance in dollars, and t the number of years. What is the doubling time for the investment? Round answer to 1 decimal place. Write the final answer with units please.

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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The amount of money in an investment is modeled by the function A(t) = 700 (1.0198)'. The variable A represents the investment balance in dollars, and t the number
of years.
What is the doubling time for the investment? Round answer to 1 decimal place.
Write the final answer with units please.
For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac).
Transcribed Image Text:The amount of money in an investment is modeled by the function A(t) = 700 (1.0198)'. The variable A represents the investment balance in dollars, and t the number of years. What is the doubling time for the investment? Round answer to 1 decimal place. Write the final answer with units please. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac).
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