A doll sold for $228 in 1975 and was sold again in 1990 for $401. 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 = 228. k= 0.038 (Round to the nearest thousandth.) b) Find the exponential growth function in terms of t, where t is the number of years since 1975. V(t) = H

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter4: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 12CC: Suppose that the initial size of a population is n0 and the population grows exponentially. Let n(t)...
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A doll sold for $228 in 1975 and was sold again in 1990 for $401. 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 = 228.
k= 0.038
(Round to the nearest thousandth.)
b) Find the exponential growth function in terms of t, where t is the number of years since 1975.
V(t) =
w an example
n
Get more help.
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Transcribed Image Text:A doll sold for $228 in 1975 and was sold again in 1990 for $401. 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 = 228. k= 0.038 (Round to the nearest thousandth.) b) Find the exponential growth function in terms of t, where t is the number of years since 1975. V(t) = w an example n Get more help. </> wer/Player.aspx?cultureld=&theme=math&style=highered&disableStandbyIndicator=true&assignmentHandlesLocale=true# O C Et 8 C *** O 56°F Mostly
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