A particular country's exports of goods are increasing exponentially. The value of the exports, t years after 2005, can be 0.039t approximated by V(t) = 1.8e where t= 0 corresponds to 2005 and V is in billions of dollars. a) Estimate the value of the country's exports in 2005 and 2010. b) What is the doubling time for the value of the country's exports? a) The value of the country's exports in 2005 is $ BCCLLS billion.

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ISBN:9781337282291
Author:Ron Larson
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Chapter5: Exponential And Logarithmic Functions
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A particular country's exports of goods are increasing exponentially. The value of the exports, t years after 2005, can be
where t=0 corresponds to 2005 and V is in billions of dollars.
0.039t
approximated by V(t) = 1.8e
a) Estimate the value of the country's exports in 2005 and 2010.
b) What is the doubling time for the value of the country's exports?
*
a) The value of the country's exports in 2005 is $
billion.
(Simplify your answer. Round to the nearest tenth as needed. Do not include the $ symbol in your answer.)
Transcribed Image Text:A particular country's exports of goods are increasing exponentially. The value of the exports, t years after 2005, can be where t=0 corresponds to 2005 and V is in billions of dollars. 0.039t approximated by V(t) = 1.8e a) Estimate the value of the country's exports in 2005 and 2010. b) What is the doubling time for the value of the country's exports? * a) The value of the country's exports in 2005 is $ billion. (Simplify your answer. Round to the nearest tenth as needed. Do not include the $ symbol in your answer.)
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