The expression 4·e0.041t models the amount of spending allowance provided by a credit card company in thousands of dollars. Which of the following equations can be used to solve for the number of years, t, after which there will be a $64,000 allowance on the credit card? Select all that apply. There may be multiple answers.
The expression 4·e0.041t models the amount of spending allowance provided by a credit card company in thousands of dollars. Which of the following equations can be used to solve for the number of years, t, after which there will be a $64,000 allowance on the credit card? Select all that apply. There may be multiple answers.
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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The expression 4·e0.041t models the amount of spending allowance provided by a credit card company in thousands of dollars.
Which of the following equations can be used to solve for the number of years, t, after which there will be a $64,000 allowance on the credit card? Select all that apply. There may be multiple answers.
The answers are in the screenshot.

Transcribed Image Text:In(16,000)
0.041
In(0.041)
16,000
t :
O 16, 000 = 1 · e0.041t
O 16, 000 = 1 · e4.lt
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