1) The value of a product (in dollars) increases according to the function v(t) = 2.45e0.032t in the 10-year period after its market inception. a) What is the predicted value of the product 3 years after being in the market? b) How long does it take for the initial value of the product to double?
1) The value of a product (in dollars) increases according to the function v(t) = 2.45e0.032t in the 10-year period after its market inception. a) What is the predicted value of the product 3 years after being in the market? b) How long does it take for the initial value of the product to double?
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section: Chapter Questions
Problem 9T
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