Solved

A Certain Country's Consumer Price Index Is Approximated by A A(t)=100e0.024t\mathrm { A } ( \mathrm { t } ) = 100 \mathrm { e } ^ { 0.024 \mathrm { t } }

Question 124

Multiple Choice

A certain country's Consumer Price Index is approximated by A( A(t) =100e0.024t\mathrm { A } ( \mathrm { t } ) = 100 \mathrm { e } ^ { 0.024 \mathrm { t } } , where t represents the number of years. Use the function to determine the year in which costs will be 50% higher than in year 0.


A) year 13
B) year 15
C) year 19
D) year 17

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions