document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=880299>Question 880299</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A rare car appreciates at a rate of 3.2% annually. If the current amount in 58,000, after how many years will its value exceed 75,000 mark? Also, show the formula that will model the value of the car after T years. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #531357 by </B><A HREF=/tutors/aboutme.mpl?userid=Alan3354><B>Alan3354(69443)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Alan3354><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=Alan3354><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=531357\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> A rare car appreciates at a rate of 3.2% annually. If the current amount in 58,000, after how many years will its value exceed 75,000 mark? Also, show the formula that will model the value of the car after T years.<BR>\n" );
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document.write( "Assuming it appreciates continuously,<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=FV+=+PV%2Ae%5E%28rt%29 ALIGN=MIDDLE  ALT=\"FV+=+PV%2Ae%5E%28rt%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=75000+=+58000%2Ae%5E%280.032t%29 ALIGN=MIDDLE  ALT=\"75000+=+58000%2Ae%5E%280.032t%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=75%2F58+=+e%5E%280.032t%29 ALIGN=MIDDLE  ALT=\"75%2F58+=+e%5E%280.032t%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "0.032t = ln(75/58)<BR>\n" );
document.write( "t = ln(75/58)/0.032 years<BR>\n" );
document.write( "Calculator work from there </SPAN>\n" );
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