The following exercise poses a question that can be answered by solving an equation. Give the appropriate equation. Note that you are not asked to solve the equation. An investment grows according to...


The following exercise poses a question that can be answered by solving an equation. Give the appropriate equation. Note that you are not asked to solve the equation.<br>An investment grows according to the formula<br>B= 500e0.05t<br>dollars,<br>where t is time, measured in years. The time required for the balance to reach $2500 is the solution of an equation. Find that equation.<br>

Extracted text: The following exercise poses a question that can be answered by solving an equation. Give the appropriate equation. Note that you are not asked to solve the equation. An investment grows according to the formula B= 500e0.05t dollars, where t is time, measured in years. The time required for the balance to reach $2500 is the solution of an equation. Find that equation.

Jun 04, 2022
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