Answered: A house is purchased for Php 1,000,000…

A house is purchased for Php 1,000,000 in 2002. The value of the house is given by the exponential growth model A = 1,000,000e0.645t. Find t when the house would be worth Php 5,000,000.

Intermediate Algebra

19th Edition

ISBN:9780998625720

Author:Lynn Marecek

Publisher:Lynn Marecek

Chapter10: Exponential And Logarithmic Functions

Section10.5: Solve Exponential And Logarithmic Equations

Problem 355E: What is the difference between the equation for exponential growth versus the equation for...

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A house is purchased for Php 1,000,000 in 2002. The value of the house is given by the exponential growth model A = 1,000,000e0.645t. Find t when the house would be worth Php 5,000,000.

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