A company incurs debt at a rate of dollars per year, where t is the amount of

Question:

A company incurs debt at a rate of

dollars per year, where t is the amount of time (in years) since the company began. By the fourth year, the company had accumulated $16,260 in debt.
(a) Find the total debt function.
(b) How many years must pass before the total debt exceeds $40,000?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: