Questions: Use a calculator and evaluate A to the nearest cent.
A = 15,000 e^0.1 t for t=5,7, and 8
If t=5, A ≈
(Do not round until the final answer. Then round to the nearest hundredth.)
If t=7, A ≈
(Do not round until the final answer. Then round to the nearest hundredth.)
If t=8, A ≈
(Do not round until the final answer. Then round to the nearest hundredth.)
Transcript text: Use a calculator and evaluate A to the nearest cent.
\[
A=\$ 15,000 e^{0.1 t} \text { for } t=5,7 \text {, and } 8
\]
\[
\text { If } \mathrm{t}=5, \mathrm{~A} \approx \$
\]
$\square$
(Do not round until the final answer. Then round to the nearest hundredth.)
\[
\text { If } \mathrm{t}=\mathrm{7}, \mathrm{~A} \approx \mathrm{\$} \square
\]
(Do not round until the final answer. Then round to the nearest hundredth.)
\[
\text { If } \mathrm{t}=8, \mathrm{~A} \approx \$ \square
\]
(Do not round until the final answer. Then round to the nearest hundredth.)
Solution
Solution Steps
Step 1: Evaluate \( A \) for \( t = 5 \)
The formula for \( A \) is:
\[
A = \$15,000 \cdot e^{0.1 t}
\]
For \( t = 5 \):
\[
A = \$15,000 \cdot e^{0.1 \cdot 5} = \$15,000 \cdot e^{0.5}
\]
Using a calculator, \( e^{0.5} \approx 1.6487 \). Thus:
\[
A = \$15,000 \cdot 1.6487 = \$24,730.50
\]
Rounded to the nearest cent, \( A \approx \$24,730.50 \).
Step 2: Evaluate \( A \) for \( t = 7 \)
For \( t = 7 \):
\[
A = \$15,000 \cdot e^{0.1 \cdot 7} = \$15,000 \cdot e^{0.7}
\]
Using a calculator, \( e^{0.7} \approx 2.0138 \). Thus:
\[
A = \$15,000 \cdot 2.0138 = \$30,207.00
\]
Rounded to the nearest cent, \( A \approx \$30,207.00 \).
Step 3: Evaluate \( A \) for \( t = 8 \)
For \( t = 8 \):
\[
A = \$15,000 \cdot e^{0.1 \cdot 8} = \$15,000 \cdot e^{0.8}
\]
Using a calculator, \( e^{0.8} \approx 2.2255 \). Thus:
\[
A = \$15,000 \cdot 2.2255 = \$33,382.50
\]
Rounded to the nearest cent, \( A \approx \$33,382.50 \).
Final Answer
\[
\boxed{
\begin{aligned}
&\text{If } t = 5, \quad A \approx \$24,730.50 \\
&\text{If } t = 7, \quad A \approx \$30,207.00 \\
&\text{If } t = 8, \quad A \approx \$33,382.50
\end{aligned}
}
\]