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.)
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.)
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...
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