Alebraic Modeling The personnel costs in the city of Greenberg were $9,500,000 in 2009. In the recent past the personnel costs have increased at the rate of 4.2% annually.To model this, the city manager uses the function C(t) = 9.5(1.042)' where C(t) is the annual personnel costs,in millions of dollars, t years past 20091) write the equation that can be solved to find in what year the personnel costs willI be double the 2009 personnel costs. Then2) solve the equation numerically (use the Table feature of your calculator) or graphically and determine the year.A. 19 = 9.5(1.042)'; Year is 2026B. y= 9.5(1.042)(19);Year is 2030C.19 = 9.5(1.042)*; Year is 2024D. y= 19(1.042)'; Year is 2022Remember that on quizzes and tests you will need to show the correct work along with your answers.

Given, Personnel cost =$9500000 in 2009 Rate of interest=4.2% (annually) The annual cost…

The personnel costs in the city of Greenberg were $9,500,000 in 2009. In the recent past the personnel costs have increased at the rate of 4.2% annually. To model this, the city manager uses the function C(t) = 9.5(1.042)' where C(t) is the annual personnel costs,in millions of dollars, t years past 2009 1) write the equation that can be solved to find in what year the personnel costs will be double the 2009 personnel costs. Then 2) solve the equation numerically (use the Table feature of your calculator) or graphically and determine the year.

The personnel costs in the city of Greenberg were $9,500,000 in 2009. In the recent past the personnel costs have increased at the rate of 4.2% annually. To model this, the city manager uses the function C(t) = 9.5(1.042)' where C(t) is the annual personnel costs,in millions of dollars, t years past 2009 1) write the equation that can be solved to find in what year the personnel costs will be double the 2009 personnel costs. Then 2) solve the equation numerically (use the Table feature of your calculator) or graphically and determine the year.

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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