The following exercise poses a question that can be answered by solving an equation. Give the appropriate equation. Note that you are not asked to solve the equation. An investment grows according to the formula B = 400e0.05t dollars, where t is time, measured in years. The time required for the balance to reach $2400 is the solution of an equation. Find that equation. 400e0.05t Need Help? X Read It

Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter3: Solving Equation And Problems
Section3.2: Transforming Equations: Multiplication And Division
Problem 17P
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The following exercise poses a question that can be answered by solving an equation. Give the appropriate equation. Note that you are not asked to solve the equation.
An investment grows according to the formula
B = 400e0.05t dollars,
where t is time, measured in years. The time required for the balance to reach $2400 is the solution of an equation. Find that equation.
400e0.05t
Need Help?
X
Read It
Transcribed Image Text:The following exercise poses a question that can be answered by solving an equation. Give the appropriate equation. Note that you are not asked to solve the equation. An investment grows according to the formula B = 400e0.05t dollars, where t is time, measured in years. The time required for the balance to reach $2400 is the solution of an equation. Find that equation. 400e0.05t Need Help? X Read It
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