Question: 8/22, 1:21 PM 8. The expression 1.e0.054 models the balance, in thousands of dollars, where t represents time in years after the account was opened.

8/22, 1:21 PM 8. The expression 1.e0.054 models the balance, in thousands of dollars, where t represents time in years after the account was opened. a. What does the 0.054 represent in this context? b. Write an expression for the number of years after which there will be 12,000 dollars in the account

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