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= The function f(t) = 200(1.005)30t represents the change in a quantity over t months. What does the constant 1.005 reveal about the rate of change of the quantity?

= The function f(t) = 200(1.005)30t represents the change in a quantity over t months. What does the constant 1.005 reveal about the rate of change of the quantity?
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8 votes
=

The function f(t) = 200(1.005)30t represents the change in a quantity over t
months. What does the constant 1.005 reveal about the rate of change of the
quantity?

asked
User Simon PA
by
7.9k points

1 Answer

10 votes

Answer:

The function is growing exponentially at a rate of 0.5% every day

Explanation

answered
User Alessandro Oliveira
by
7.5k points
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