In an exponential growth problem, the unknown time sits in the exponent. First turn the stated percent increase into a target multiple of the opening amount, then compare the function with its value at time zero. That comparison cancels an unknown scale factor. Use a Desmos regression to find the time, and convert units before rounding.
Hints
- Hint 1
A percent increase keeps the original and adds a percent of it. A increase adds seven copies of the opening balance. How many copies are in the new balance?
- Hint 2
The initial value is , not automatically : the exponent isn't zero when . Compare with so the unknown positive factor cancels.
- Hint 3
An exponential equation has its unknown in an exponent. Desmos can find the year by using as the unknown and in place of . Convert that year to months before rounding.
Step-by-step
Compare with the opening balance, then solve in Desmos
Step 1Turn the increase into a target balance
A increase adds seven copies of the opening balance on top of the original copy. So the target is times , not times:
- Step 2
Compare the balance with its starting value
Substitute for in the denominator. Since is positive, it cancels when you divide. For powers of the same base, subtract the exponents:
The affects both balances, so it disappears from their ratio, meaning one balance divided by the other.
- Step 3
Enter a sample account in Desmos
Because the ratio doesn't depend on , set for the calculator. Type , define , then type . Desmos shows for this sample account. The actual opening balance needn't be ; the time to grow eightfold is the same.
- Step 4
Find the time in years
Type . The tells Desmos to find the input that makes the two sides match. Under PARAMETERS, it shows . Since the problem measures in years, this result is years, not months.
- Step 5
Convert to months and round
Type because a year has months. Desmos prints about . Round the months, not the years: the account takes months to increase by from its opening value. Choice B.
Lessons that teach this
- SAT Nonlinear FunctionsIntermediateCoreBuild, identify, and interpret exponential models
- SAT Advanced AlgebraIntermediateCoreSolve exponential equations
- SAT Data AnalysisIntermediateModel percent increase and decrease
- DesmosAdvancedCoreExponential models, transformations, and Log Mode
- DesmosIntermediateSolve percent problems in Desmos