Suppose that in a certain area the consumption of electricity has increased at a continuous rate of 5%. If it continued to increase at this rate, find the number of years before five times as much electricity would be needed. The number years is about (Type an integer or decimal rounded to the nearest tenth as needed.)

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 8RE: Suppose an investment account is opened with aninitial deposit of 10,500 earning 6.25...
icon
Related questions
Question
Suppose that in a certain area the consumption of electricity has increased at a continuous rate of 5%. If it continued to increase at this rate, find the number of years before five times as much electricity would be needed.
The number of years is about
(Type an integer or decimal rounded to the nearest tenth as needed.)
Transcribed Image Text:Suppose that in a certain area the consumption of electricity has increased at a continuous rate of 5%. If it continued to increase at this rate, find the number of years before five times as much electricity would be needed. The number of years is about (Type an integer or decimal rounded to the nearest tenth as needed.)
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Recommended textbooks for you
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
College Algebra
College Algebra
Algebra
ISBN:
9781337282291
Author:
Ron Larson
Publisher:
Cengage Learning
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9780998625720
Author:
Lynn Marecek
Publisher:
OpenStax College