Certain pieces of antique furniture increased very rapidly in price in the 1970s and 1980s. For example, the value of a particular rocking chair is well approximated by V=70(1.2)^t, where VV is in dollars and tt is the number of years since 1975. At time t, what is the rate at which the price is increasing? rate =

Certain pieces of antique furniture increased very rapidly in price in the 1970s and 1980s. For example, the value of a particular rocking chair is well approximated by V=70(1.2)^t, where VV is in dollars and tt is the number of years since 1975. At time t, what is the rate at which the price is increasing? rate =

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter6: Exponential And Logarithmic Functions

Section6.1: Exponential Functions

Problem 61SE: The fox population in a certain region has an annualgrowth rate of 9 per year. In the year 2012,...

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