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AlgebraQ&A LibraryThe amount of foreign earnings (in trillions of dollars) kept overseas can be approximated by the function f(x)=0.232(1.29)^x where x=5 corresponds to the year 2005. Find the first full year in which the foreign earnings kept overseas exceeds the following amounts. (a) $1.51.5 trillion (b) $2.62.6 trillionQuestion

The amount of foreign earnings (in trillions of dollars) kept overseas can be approximated by the function

f(x)=0.232(1.29)^x

where
x=5

corresponds to the year 2005. Find the first full year in which the foreign earnings kept overseas exceeds the following amounts.(a)

$1.51.5

trillion(b)

$2.62.6

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