Chapter 5: Problem 77
Find the logarithm using natural logarithms and the change-of-base formula. $$\log _{100} 15$$
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Chapter 5: Problem 77
Find the logarithm using natural logarithms and the change-of-base formula. $$\log _{100} 15$$
These are the key concepts you need to understand to accurately answer the question.
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Salvage Value. \(\quad\) A restaurant purchased a 72 -in. range with six burners for \(\$ 6982 .\) The value of the range each year is \(85 \%\) of the value of the preceding year. After \(t\) years, its value, in dollars, is given by the exponential function \(V(t)=6982(0.85)^{t}\) a) Graph the function. b) Find the value of the range after \(0,1,2,5,\) and 8 years. c) The restaurant decides to replace the range when its value has declined to \(\$ 1000 .\) After how long will the range be replaced?
E-Cigarette SE-Cigarette Sales. The electronic cigarette was launched in 2007 , and since then sales have increased from about \(\$ 20\) million in 2008 to about \(\$ 500\) millionales. The electronic cigarette was launched in 2007 , and since then sales have increased from about \(\$ 20\) million in 2008 to about \(\$ 500\) million in 2012 (Sources: UBS; forbes, \(\mathrm{com}\) ). The exponential function $$ S(x)=20.913(2.236)^{x} $$ where \(x\) is the number of years after \(2008,\) models the sales, in millions of dollars. Use this function to estimate the sales of e-cigarettes in 2011 and in 2015 . Round to the nearest million dollars.
Solve using any method. Given that \(a=\log _{8} 225\) and \(b=\log _{2} 15,\) express as a function of \(b\).
Solve using any method. $$\frac{e^{x}+e^{-x}}{e^{x}-e^{-x}}=3$$
Bachelor's Degrees Earned. The exponential function $$ D(t)=347(1.024)^{t} $$ gives the number of bachelor's degrees, in thousands, earned in the United States \(t\) years after 1970 (Sources: National Center for Educational Statistics; U.S. Department of Education). Find the number of bachelor's degrees earned in \(1985,\) in \(2000,\) and in \(2014 .\) Then estimate the number of bachelor's degrees that will be earned in \(2020 .\) Round to the nearest thousand degrees.
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