Mathematics: The value v (in millions of dollars) of a famous painting can be modeled by the equation v = 10ekt, where t represents the year, with t = 0 corresponding to 1975. in 2003, the same painting was sold for $25 million. find the value of k. (round your answer to four decimal places.)

The value v (in millions of dollars) of a famous

Ответ:

oomale

31.05.2020

Assuming that e is exponent meaning kt to the power 10;

v=10^kt

The years passed: 2003-1975= 28 years

25m=10^k28
log(25m)=28k
log(25m)/8=k <-- input entire value of million in
k=0.9247425 ≈ 0.9247

Hope I helped :)

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Ответ:

bthomas78

09.05.2021

Mathematics

about 195k every year and in 10 years you'll have about 97,500 it's a long term investment.

Step-by-step explanation:

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The value v (in millions of dollars) of a famous painting can be modeled by the equation v = 10ekt, where t represents the year, with t = 0 corresponding to 1975. in 2003, the same painting was sold for $25 million. find the value of k. (round your answer to four decimal places.)

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