Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN: 9780079039897

Author: Carter

Publisher: McGraw Hill

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Question

popultaion of a southern city folow exponential law. if the population doubled in size over 14 months and is 30,000 now what will the populaton be in 5 years?

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Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, algebra and related others by exploring similar questions and additional content below.Similar questions

A scientist begins with 100 milligrams of aradioactive substance that decays exponentially. After 35 hours, 50 mg of the substance remains. How manymilligrams will remain after 54 hours?

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An investment account was opened with aninitial deposit of 9,600 and earns 7.4 interest,compounded continuously. How much will theaccount be worth after 15 years?

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On the day a grandchild is born, a grandparent deposits $2500 in a fund earning 7.5% interest, compounded continuously. Determine the balance in the account on the grandchild’s 25th birthday.

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An investment account with an annual interest rateof 7 was opened with an initial deposit of 4,000 Compare the values of the account after 9 yearswhen the interest is compounded annually, quarterly,monthly, and continuously.

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Suppose that $12,000 is invested in a saving account paying 5.6% interest per year. (a)Write the formula for the amount in the account after t years if interest is compounded monthly. (b)Find the amount in the after 3 years if interest is compounded daily. (c)How long will it take for the amount in the account to grow to $20,000 if interest iscompounded continuously?

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What is the difference between the equation for exponential growth versus the equation for exponential decay?

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