4 Drag each value and expression to the correct location on the equation. Not all values and expressions will be used.
A patch of farmland is currently worth $78,125. The expected increase in its market value can be modeled by the function below, where tis the
time in years.
P(t) = 78,125 0.025:
How many years will it take for the farmland's market value to reach $125,000?
6.4
In(1.6)
0.025
18.8
13.6
years
years
Reset
Next

t = 18.8 years

Step-by-step explanation: The modeled function is an exponential function:

which is farmland worth along time.

To determine when the farmland will be worth $125,000:

Apply natural logarithm:

And then, power rule:

t ≈

t ≈ 18.8

After 18.8 years, the farmland will reach market value of $125,000.

Step-by-step explanation:

For all Plato users.

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