A model giving the purchasing power of the 2001 constant dollar is d(t) 0.023t1.00 dollars where t is the number of years since the end of 2001. Based on data between 2001 and 2010.t (Note: Constant dollars are used to compare prices over time while removing changes due to inflation or deflation.) (a) What was the value of a 2001 constant dollar in the end of 1997? (Round your answer to two decimal places.) X What was the value of a 2001 constant dollar in the end of 2009? (Round your answer to two decimal places.) X (b) According to the model, when will the value of a 2001 constant dol lar fall below 85 cents? (Round your answers to three decimal places when appropriate.) years since the end of 2001 for the value of a 2001 constant dollar to fall below 85 cents. This will occur in --Select- It will take According to the model, when will the value of a 2001 constant dollar fall below 80 cents? (Round your answers to three decimal places when appropriate.) years since the end of 2001 for the value of a 2001 constant dollar to fall below 80 cents. This will occur inSelect It will take

A model giving the purchasing power of the 2001 constant dollar is d(t) 0.023t1.00 dollars where t is the number of years since the end of 2001. Based on data between 2001 and 2010.t (Note: Constant dollars are used to compare prices over time while removing changes due to inflation or deflation.) (a) What was the value of a 2001 constant dollar in the end of 1997? (Round your answer to two decimal places.) X What was the value of a 2001 constant dollar in the end of 2009? (Round your answer to two decimal places.) X (b) According to the model, when will the value of a 2001 constant dol lar fall below 85 cents? (Round your answers to three decimal places when appropriate.) years since the end of 2001 for the value of a 2001 constant dollar to fall below 85 cents. This will occur in --Select- It will take According to the model, when will the value of a 2001 constant dollar fall below 80 cents? (Round your answers to three decimal places when appropriate.) years since the end of 2001 for the value of a 2001 constant dollar to fall below 80 cents. This will occur inSelect It will take

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)

6th Edition

ISBN:9781337111348

Author:Bruce Crauder, Benny Evans, Alan Noell

Publisher:Bruce Crauder, Benny Evans, Alan Noell

Chapter5: A Survey Of Other Common Functions

Section5.1: Logistic Functions

Problem 21E: Eastern Pacific Yellowfin Tuna Studies to fit a logistic model to the Eastern Pacific yellowfin tuna...

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