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Write the Word or Phrase That Best Completes Each Statement A(t)=100e0.024t\mathrm { A } ( \mathrm { t } ) = 100 \mathrm { e } ^ { 0.024 \mathrm { t } }

Question 449

Multiple Choice

Write the word or phrase that best completes each statement or answers the question.
-A certain country's Consumer Price Index is approximated by A(t) =100e0.024t\mathrm { A } ( \mathrm { t } ) = 100 \mathrm { e } ^ { 0.024 \mathrm { t } } , where tt represents the number of years. Use the function to determine the year in which costs will be 50%50 \% higher than in year 0 .


A) year 19
B) year 17
C) year 13
D) year 15

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