Assume the cost of a car is $20,000. With continuous compounding in effect, the cost of the car will increase according to the equation C=20,000e rt, where r is the annual inflation rate and t is the number of years. Find the number of years it would take to double the cost of the car at an annual inflation rate of 5.9%. Round the answer to the nearest hundredth.

if im undersanding the question correctly, its organized from 10

step-by-step explanation:

bull

step-by-step explanation:

first, we define the variables:

x: number of years after 1950

f (x): amount of vinyl sold.

then, with the variables defined, we have:

68594 vinyl records were sold in 1958 > f (8) = 68594

91299 vinyl records were sold in 1961 > f (11) = 91299

38720 vinyl records were sold in 1952 > f (2) = 38720

161743 vinyl records were sold in 1967 > f (17) = 161743

read more on -

step-by-step explanation: