SOLUTION: writing an exponential equation
the function v(t)120000(1.04^t) gives the value of a home in dollars in the year 1980+t. write an EQUATION that can be used to determine the year
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Question 95727: writing an exponential equation
the function v(t)120000(1.04^t) gives the value of a home in dollars in the year 1980+t. write an EQUATION that can be used to determine the year in which the value of the home reached $190,000? use ^ to denote an exponent. do not solve the equation.
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
the function v(t)=120000(1.04^t) gives the value of a home in dollars in the year 1980+t. write an EQUATION that can be used to determine the year in which the value of the home reached $190,000? use ^ to denote an exponent. do not solve the equation.
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190,000 = 120,000(1.04)^t
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Cheers,
Stan H.
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