# 18 I can solve problems involving e and In.
0.0.15t


3. The expression 1 e models the balance, in thousands of dollars, where t represents
time in years after the account was opened.

a. What does the 0.015 represent in this context?

b. Write an expression and for the number of years after which there will be $8,000 in the
account and simplify.

4. Explain why In 16 is greater than 2 but less than 3.