You invest $15,000 with an interest rate of 8% per year compounded continuously. The function A\left(t\right)=15000e^{0.08t} models the situation. What set up will allow you solve for how long it will take for the investment to grow to $45,000 ?
Logarithms to Exponential Applications

Quiz
•
Mathematics
•
11th Grade
•
Hard
Anthony Clark
FREE Resource
20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
45000=15000e^{0.08t}
A\left(3\right)=15000e^{0.08\left(3\right)}
A\left(45000\right)=15000e^{0.08\left(45000\right)}
3=15000e^{0.08t}
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Divide both sides by 3
Divide both sides by e
Take the natural log of both sides
Rewrite the exponent 0.08t as the coefficient of "e"
Subtract e to both sides
3.
MULTIPLE CHOICE QUESTION
1 min • 12 pts
What is the domain?
(-∞, ∞)
(0, ∞)
[1, ∞)
(1, ∞)
4.
MULTIPLE CHOICE QUESTION
1 min • 12 pts
Where is the asymptote?
x = 1
y = 1
x = -1
y = -1
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Log with a base "e" (loge) is the same thing as...
"e"
Natural Logarithm (LN)
Common Logarithm (Log)
Natural Log, base "e"
LNe
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Log with a base "e" (loge) is the same thing as...
"e"
Natural Logarithm (LN)
Common Logarithm (Log)
Natural Log, base "e"
LNe
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
x = 2
x = -2
y = 2
y = -2
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