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Please solve numbers 5 and 6. 50 points !!! (exponential growth and decay)

Please solve numbers 5 and 6. 50 points !!! (exponential growth and decay)
asked 154k views
2 votes
Please solve numbers 5 and 6.
50 points !!!
(exponential growth and decay)

Please solve numbers 5 and 6. 50 points !!! (exponential growth and decay)-example-1
asked
User Hrdwdmrbl
by
7.4k points

1 Answer

1 vote
Exponential equation is A=P(e)^rt
A) 1222.25=1052(e)^.03
1222.25=1052(1.03)
1222.25=1084.04
/1084.04
1.13
≈1 year
B) 2432=1838(e)^.04
2432=1838(1.04)
2432=1913.01
/1913.01
1.27
≈1 year
I would fact check this though
answered
User Tporeba
by
7.3k points
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