Employers are increasingly turning to GPS (global positioning system) technology to keep track of their fleet vehicles. The estimated number of automatic vehicle trackers installed on fleet vehicles in the United States is approximated by N(t) = 0.66e0.23t (0

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section6.1: Exponential Functions
Problem 60SE: The formula for the amount A in an investmentaccount with a nominal interest rate r at any timet is...
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Employers are increasingly turning to GPS (global positioning system)
technology to keep track of their fleet vehicles. The estimated number of
automatic vehicle trackers installed on fleet vehicles in the United States is
approximated by
N(t) = 0.66e0.23t
(0 st< 9)
where N(t) is measured in millions and t is measured in years, with t = 0
corresponding to the year 2000.
(a) What was the number (in millions) of automatic vehicle trackers installed in
the year 2000? How many were projected to be installed in 2003? (Round
your answers to two decimal places.)
2000
million trackers
2003
million trackers
(b) Sketch the graph of N.
N
6f
6
4
4
2
-6
-4
-2
4.
-6
-4
2
4
-2
-4
-아
-아
N
N
6-
4
2
t
6
t
-6
-2
4
-4
=2
2
4
-2
-2
-4
-아
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Transcribed Image Text:Employers are increasingly turning to GPS (global positioning system) technology to keep track of their fleet vehicles. The estimated number of automatic vehicle trackers installed on fleet vehicles in the United States is approximated by N(t) = 0.66e0.23t (0 st< 9) where N(t) is measured in millions and t is measured in years, with t = 0 corresponding to the year 2000. (a) What was the number (in millions) of automatic vehicle trackers installed in the year 2000? How many were projected to be installed in 2003? (Round your answers to two decimal places.) 2000 million trackers 2003 million trackers (b) Sketch the graph of N. N 6f 6 4 4 2 -6 -4 -2 4. -6 -4 2 4 -2 -4 -아 -아 N N 6- 4 2 t 6 t -6 -2 4 -4 =2 2 4 -2 -2 -4 -아 Need Help? Read It
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