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An initial investment of $100 is now valued at $150. the annual interest rate is 5%, compounded continuously. the equation 100e0.05t = 150 represents the situation, where t is the number of years the money has been invested. about how long has the money been invested? use your calculator and round to the nearest whole number. years
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Noel is hoping to make a profit (in $) on the school play and has determined the function describing the profit to be f(t) = 8t – 2654, where t is the number of tickets sold. what does the number 8 tell you?
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