The exponential growth rate and the exponential growth function for the value V ( t ) of the cabinet t years after 1990 when in 2004, 18 th –century piece was sold for $ 36.7 million . The same piece had a previous record sale price of $ 15.1 million that was set in 1990. The value of the cabinet increases exponentially.

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Answer 1

Question

Chapter 8.7, Problem 33ES

(a)

To determine

To calculate: The exponential growth rate and the exponential growth function for the value V(t) of the cabinet t years after 1990 when in 2004, 18^th –century piece was sold for $36.7 million. The same piece had a previous record sale price of $15.1 million that was set in 1990. The value of the cabinet increases exponentially.

(b)

To determine

To calculate: The estimated cabinet’s value in 2015 when in 2004, 18^th –century piece was sold for $36.7 million. The same piece had a previous record sale price of $15.1 million that was set in 1990. The value of the cabinet increases exponentially.

(c)

To determine

To calculate: The doubling time for the value of the cabinet when in 2004, 18^th –century piece was sold for $36.7 million. The same piece had a previous record sale price of $15.1 million that was set in 1990. The value of the cabinet increases exponentially.

(d)

To determine

To calculate: The year in which the value of the cabinet exceeds $25 million when in 2004, 18^th –century piece was sold for $36.7 million. The same piece had a previous record sale price of $15.1 million that was set in 1990. The value of the cabinet increases exponentially.

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Answer 2

Question

Chapter 8.7, Problem 33ES

(a)

To determine

To calculate: The exponential growth rate and the exponential growth function for the value V(t) of the cabinet t years after 1990 when in 2004, 18^th –century piece was sold for $36.7 million. The same piece had a previous record sale price of $15.1 million that was set in 1990. The value of the cabinet increases exponentially.

(b)

To determine

To calculate: The estimated cabinet’s value in 2015 when in 2004, 18^th –century piece was sold for $36.7 million. The same piece had a previous record sale price of $15.1 million that was set in 1990. The value of the cabinet increases exponentially.

(c)

To determine

To calculate: The doubling time for the value of the cabinet when in 2004, 18^th –century piece was sold for $36.7 million. The same piece had a previous record sale price of $15.1 million that was set in 1990. The value of the cabinet increases exponentially.

(d)

To determine

To calculate: The year in which the value of the cabinet exceeds $25 million when in 2004, 18^th –century piece was sold for $36.7 million. The same piece had a previous record sale price of $15.1 million that was set in 1990. The value of the cabinet increases exponentially.

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Answer 3

Question

Chapter 8.7, Problem 33ES

(a)

To determine

To calculate: The exponential growth rate and the exponential growth function for the value V(t) of the cabinet t years after 1990 when in 2004, 18^th –century piece was sold for $36.7 million. The same piece had a previous record sale price of $15.1 million that was set in 1990. The value of the cabinet increases exponentially.

(b)

To determine

To calculate: The estimated cabinet’s value in 2015 when in 2004, 18^th –century piece was sold for $36.7 million. The same piece had a previous record sale price of $15.1 million that was set in 1990. The value of the cabinet increases exponentially.

(c)

To determine

To calculate: The doubling time for the value of the cabinet when in 2004, 18^th –century piece was sold for $36.7 million. The same piece had a previous record sale price of $15.1 million that was set in 1990. The value of the cabinet increases exponentially.

(d)

To determine

To calculate: The year in which the value of the cabinet exceeds $25 million when in 2004, 18^th –century piece was sold for $36.7 million. The same piece had a previous record sale price of $15.1 million that was set in 1990. The value of the cabinet increases exponentially.

Expert Solution & Answer

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Answer 4

Question

Chapter 8.7, Problem 33ES

(a)

To determine

To calculate: The exponential growth rate and the exponential growth function for the value V(t) of the cabinet t years after 1990 when in 2004, 18^th –century piece was sold for $36.7 million. The same piece had a previous record sale price of $15.1 million that was set in 1990. The value of the cabinet increases exponentially.

(b)

To determine

To calculate: The estimated cabinet’s value in 2015 when in 2004, 18^th –century piece was sold for $36.7 million. The same piece had a previous record sale price of $15.1 million that was set in 1990. The value of the cabinet increases exponentially.

(c)

To determine

To calculate: The doubling time for the value of the cabinet when in 2004, 18^th –century piece was sold for $36.7 million. The same piece had a previous record sale price of $15.1 million that was set in 1990. The value of the cabinet increases exponentially.

(d)

To determine

To calculate: The year in which the value of the cabinet exceeds $25 million when in 2004, 18^th –century piece was sold for $36.7 million. The same piece had a previous record sale price of $15.1 million that was set in 1990. The value of the cabinet increases exponentially.

Expert Solution & Answer

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Answer 5

Chapter 8.7, Problem 33ES

(a)

To determine

To calculate: The exponential growth rate and the exponential growth function for the value V(t) of the cabinet t years after 1990 when in 2004, 18^th –century piece was sold for $36.7 million. The same piece had a previous record sale price of $15.1 million that was set in 1990. The value of the cabinet increases exponentially.

(b)

To determine

To calculate: The estimated cabinet’s value in 2015 when in 2004, 18^th –century piece was sold for $36.7 million. The same piece had a previous record sale price of $15.1 million that was set in 1990. The value of the cabinet increases exponentially.

(c)

To determine

To calculate: The doubling time for the value of the cabinet when in 2004, 18^th –century piece was sold for $36.7 million. The same piece had a previous record sale price of $15.1 million that was set in 1990. The value of the cabinet increases exponentially.

(d)

To determine

To calculate: The year in which the value of the cabinet exceeds $25 million when in 2004, 18^th –century piece was sold for $36.7 million. The same piece had a previous record sale price of $15.1 million that was set in 1990. The value of the cabinet increases exponentially.

Answer 6

Chapter 8.7, Problem 33ES

(a)

To determine

To calculate: The exponential growth rate and the exponential growth function for the value V(t) of the cabinet t years after 1990 when in 2004, 18^th –century piece was sold for $36.7 million. The same piece had a previous record sale price of $15.1 million that was set in 1990. The value of the cabinet increases exponentially.

Answer 7

Chapter 8.7, Problem 33ES

(a)

To determine

To calculate: The exponential growth rate and the exponential growth function for the value V(t) of the cabinet t years after 1990 when in 2004, 18^th –century piece was sold for $36.7 million. The same piece had a previous record sale price of $15.1 million that was set in 1990. The value of the cabinet increases exponentially.

Answer 8

(b)

To determine

To calculate: The estimated cabinet’s value in 2015 when in 2004, 18^th –century piece was sold for $36.7 million. The same piece had a previous record sale price of $15.1 million that was set in 1990. The value of the cabinet increases exponentially.

Answer 9

(b)

To determine

To calculate: The estimated cabinet’s value in 2015 when in 2004, 18^th –century piece was sold for $36.7 million. The same piece had a previous record sale price of $15.1 million that was set in 1990. The value of the cabinet increases exponentially.

Answer 10

(c)

To determine

To calculate: The doubling time for the value of the cabinet when in 2004, 18^th –century piece was sold for $36.7 million. The same piece had a previous record sale price of $15.1 million that was set in 1990. The value of the cabinet increases exponentially.

Answer 11

(c)

To determine

To calculate: The doubling time for the value of the cabinet when in 2004, 18^th –century piece was sold for $36.7 million. The same piece had a previous record sale price of $15.1 million that was set in 1990. The value of the cabinet increases exponentially.

Answer 12

(d)

To determine

To calculate: The year in which the value of the cabinet exceeds $25 million when in 2004, 18^th –century piece was sold for $36.7 million. The same piece had a previous record sale price of $15.1 million that was set in 1990. The value of the cabinet increases exponentially.

Answer 13

(d)

To determine

To calculate: The year in which the value of the cabinet exceeds $25 million when in 2004, 18^th –century piece was sold for $36.7 million. The same piece had a previous record sale price of $15.1 million that was set in 1990. The value of the cabinet increases exponentially.

Answer 14

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Answer 15

Expert Solution & Answer

Answer 16

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Answer 17

Ch. 8.1 - Graph. Ch. 8.1 - Prob. 2SR Ch. 8.1 - Prob. 1DE Ch. 8.1 - Prob. 2DE Ch. 8.1 - Prob. 3DE Ch. 8.1 - Prob. 4DE Ch. 8.1 - Prob. 5DE Ch. 8.1 - Prob. 6DE Ch. 8.1 - Prob. 1CCE Ch. 8.1 - Prob. 7DE

Solution Summary: The author calculates the exponential growth rate for the value V(t) of the cabinet t years after 1990.

Videos

To calculate: The estimated cabinet’s value in 2015 when in 2004, 18^th –century piece was sold for $36.7 million. The same piece had a previous record sale price of $15.1 million that was set in 1990. The value of the cabinet increases exponentially.

To calculate: The doubling time for the value of the cabinet when in 2004, 18^th –century piece was sold for $36.7 million. The same piece had a previous record sale price of $15.1 million that was set in 1990. The value of the cabinet increases exponentially.

To calculate: The year in which the value of the cabinet exceeds $25 million when in 2004, 18^th –century piece was sold for $36.7 million. The same piece had a previous record sale price of $15.1 million that was set in 1990. The value of the cabinet increases exponentially.

Want to see the full answer?

Chapter 8 Solutions

Solution Summary: The author calculates the exponential growth rate for the value V(t) of the cabinet t years after 1990.

Videos

To calculate: The estimated cabinet’s value in 2015 when in 2004, 18th –century piece was sold for $36.7 million. The same piece had a previous record sale price of $15.1 million that was set in 1990. The value of the cabinet increases exponentially.

To calculate: The doubling time for the value of the cabinet when in 2004, 18th –century piece was sold for $36.7 million. The same piece had a previous record sale price of $15.1 million that was set in 1990. The value of the cabinet increases exponentially.

To calculate: The year in which the value of the cabinet exceeds $25 million when in 2004, 18th –century piece was sold for $36.7 million. The same piece had a previous record sale price of $15.1 million that was set in 1990. The value of the cabinet increases exponentially.

Want to see the full answer?

Chapter 8 Solutions

To calculate: The estimated cabinet’s value in 2015 when in 2004, 18^th –century piece was sold for $36.7 million. The same piece had a previous record sale price of $15.1 million that was set in 1990. The value of the cabinet increases exponentially.

To calculate: The doubling time for the value of the cabinet when in 2004, 18^th –century piece was sold for $36.7 million. The same piece had a previous record sale price of $15.1 million that was set in 1990. The value of the cabinet increases exponentially.

To calculate: The year in which the value of the cabinet exceeds $25 million when in 2004, 18^th –century piece was sold for $36.7 million. The same piece had a previous record sale price of $15.1 million that was set in 1990. The value of the cabinet increases exponentially.