SOLUTION: I need help solving this word problem:
The debt on a certain credit card follows the function d=9000*1.015^t where d = debt in $ and t= time in months.
A)How much debt will be
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-> SOLUTION: I need help solving this word problem:
The debt on a certain credit card follows the function d=9000*1.015^t where d = debt in $ and t= time in months.
A)How much debt will be
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Question 115033: I need help solving this word problem:
The debt on a certain credit card follows the function d=9000*1.015^t where d = debt in $ and t= time in months.
A)How much debt will be owed in t=6 months?
B)How long will it take for debt to exceed $15,000?
I think i have A) here is what i did on it:
d=9000*1.015^6
d=$9,840.99
And i couldnt finish b part but here is where i got:
$15,000=9,000*1.015^t
6,000=1.015^t
I just dont understand how to get the t down from an exponent and finsih it for t!