The expression 4·e0.041t models the amount of spending allowance provided by a credit card company in thousands of dollars. Which of the following equations can be used to solve for the number of years, t, after which there will be a $64,000 allowance on the credit card? Select all that apply. There may be multiple answers.

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section6.3: Logarithmic Functions
Problem 63SE: Is the following true: ln(e1.725)ln(1)=1.725 ? Verify theresult.
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The expression 4·e0.041t models the amount of spending allowance provided by a credit card company in thousands of dollars.

Which of the following equations can be used to solve for the number of years, t, after which there will be a $64,000 allowance on the credit card? Select all that apply. There may be multiple answers.

The answers are in the screenshot.

In(16,000)
0.041
In(0.041)
16,000
t :
O 16, 000 = 1 · e0.041t
O 16, 000 = 1 · e4.lt
Transcribed Image Text:In(16,000) 0.041 In(0.041) 16,000 t : O 16, 000 = 1 · e0.041t O 16, 000 = 1 · e4.lt
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