(a) Let B = 4250(1.045) give the balance of a bank account after t years. If the formula for B is written B = 4250ekt, estimate the value of k correct to four decimal places. (b) The balance of a bank account after t years is given by the formula B = 8500e0.075t. If the formula for B is written B = 8500bt, find b exactly, and give the value of b correct to four decimal places. 3= (to 4 decimal places)

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section: Chapter Questions
Problem 15T
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=
(a) Let B = 4250(1.045) give the balance of a bank account after t years. If the formula for B is written B
estimate the value of k correct to four decimal places.
k≈
(b) The balance of a bank account after t years is given by the formula B = 8500e0.075t. If the formula for B is written
8500bt, find b exactly, and give the value of b correct to four decimal places.
B
b =
=
b≈
-
ID
→
(to 4 decimal places)
4250ekt
Transcribed Image Text:= (a) Let B = 4250(1.045) give the balance of a bank account after t years. If the formula for B is written B estimate the value of k correct to four decimal places. k≈ (b) The balance of a bank account after t years is given by the formula B = 8500e0.075t. If the formula for B is written 8500bt, find b exactly, and give the value of b correct to four decimal places. B b = = b≈ - ID → (to 4 decimal places) 4250ekt
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