The value of a certain rare silver dollar was $40,000 in 1980. A price history of the silver dollar shows that it has been doubling in value every 20 years. Find an exponential growth model for A, the value of the coin (in dollars) t years after 1980. (See Example 3 in this section.) A = 40000 (4.764086415) x Use your model to estimate the value (in dollars) of the coin in 2025. Round to the nearest thousand dollars. $190563.46 Need Help? Read It PRACTICE ANOTHER Watch It
The value of a certain rare silver dollar was $40,000 in 1980. A price history of the silver dollar shows that it has been doubling in value every 20 years. Find an exponential growth model for A, the value of the coin (in dollars) t years after 1980. (See Example 3 in this section.) A = 40000 (4.764086415) x Use your model to estimate the value (in dollars) of the coin in 2025. Round to the nearest thousand dollars. $190563.46 Need Help? Read It PRACTICE ANOTHER Watch It
Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015
1st Edition
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:HOUGHTON MIFFLIN HARCOURT
Chapter6: Exponential Functions And Sequences
Section6.4: Exponential Growth And Decay
Problem 38E
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The value of a certain rare silver dollar was $40,000 in 1980. A price history of the silver dollar shows that it has been doubling in value every 20 years. Find an exponential growth model for A, the value of the coin (in dollars) t years after 1980.
A= ?
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