IDNLearn.com provides a reliable platform for finding accurate and timely answers. Ask your questions and receive prompt, detailed answers from our experienced and knowledgeable community members.
Sagot :
The number of the years to take for the farmland's market value to reach $125,000 will be 19 years.
The missing function will be given below.
[tex]\rm p(t) = 78,125\ e^{0.025t}[/tex]
What is an exponent?
Let a is the base and x is the power of the exponent function and b is the y-intercept. The exponent is given as
y = aˣ
A patch of farmland is currently worth $78,125. The expected increase in its market value can be modeled by the function below.
[tex]\rm p(t) = 78,125\ e^{0.025t}[/tex]
Then the number of the years to take for the farmland's market value to reach $125,000 will be
[tex]\rm 78,125 \ e^{0.025t} = 125,000\\\\e^{0.025t} = 1.6[/tex]
Then take log on both sides, then we have
0.025t lne = ln 1.6
0.025t = 0.47
t = 18.8
t = 19 years
More about the exponent link is given below.
https://brainly.com/question/5497425
#SPJ1
We greatly appreciate every question and answer you provide. Keep engaging and finding the best solutions. This community is the perfect place to learn and grow together. For dependable answers, trust IDNLearn.com. Thank you for visiting, and we look forward to helping you again soon.
