To explain:
The data in the scatter plot should be modelled with an exponential function.
Answer to Problem 10E
Exponential
Explanation of Solution
Given:
The interest is compounded continuously in the graph
Concept used:
Formula:
The equation is
Calculation:
The time needed to quadruple an investment replace
From equation (1)
The data is modeled with an exponential function.
The points approach a horizontal asymptote.
Exponential functions is horizontal asymptotes.
Chapter 11 Solutions
Advanced Mathematical Concepts: Precalculus with Applications, Student Edition
Additional Math Textbook Solutions
Calculus: Early Transcendentals (2nd Edition)
University Calculus: Early Transcendentals (4th Edition)
University Calculus: Early Transcendentals (3rd Edition)
Single Variable Calculus: Early Transcendentals (2nd Edition) - Standalone book
- Calculus: Early TranscendentalsCalculusISBN:9781285741550Author:James StewartPublisher:Cengage LearningThomas' Calculus (14th Edition)CalculusISBN:9780134438986Author:Joel R. Hass, Christopher E. Heil, Maurice D. WeirPublisher:PEARSONCalculus: Early Transcendentals (3rd Edition)CalculusISBN:9780134763644Author:William L. Briggs, Lyle Cochran, Bernard Gillett, Eric SchulzPublisher:PEARSON
- Calculus: Early TranscendentalsCalculusISBN:9781319050740Author:Jon Rogawski, Colin Adams, Robert FranzosaPublisher:W. H. FreemanCalculus: Early Transcendental FunctionsCalculusISBN:9781337552516Author:Ron Larson, Bruce H. EdwardsPublisher:Cengage Learning