What is the answer for d) A toy tractor sold for $208 in 1980 and was sold again in 1989 for $479. Assume that the growth in the value V of the collector's item was exponential.a) Find the value k of the exponential growth rate. Assume V, = 208.%3Dk = 0.093(Round to the nearest thousandth.)b) Find the exponential growth function in terms of t, where t is the number of years since 1980.0.093tV(t) = 208 ec) Estimate the value of the toy tractor in 2012.$ 4079(Round to the nearest dollar.)d) What is the doubling time for the value of the toy tractor to the nearest tenth of a year?years(Round to the nearest tenth.)

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Description: What is the answer for d) A toy tractor sold for $208 in 1980 and was sold again in 1989 for $479. 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, = 208.%3Dk

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Answered: What is the doubling time for the value…

Math

Advanced Math

What is the doubling time for the value of the toy tractor to the nearest tenth of a year?

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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