Consider the exponential function y = 3000(0.71)*. (a) Write the function in the form y aekt. NOTE: Round the value of k to four decimal places. -0.3425t 3000 e (b) What is the annual growth rate? NOTE: Enter the exact value. The annual growth rate is 65.75 (c) What is the continuous growth rate? NOTE: Round the growth rate to two decimal places. %. X

Consider the exponential function y = 3000(0.71)*. (a) Write the function in the form y aekt. NOTE: Round the value of k to four decimal places. -0.3425t 3000 e (b) What is the annual growth rate? NOTE: Enter the exact value. The annual growth rate is 65.75 (c) What is the continuous growth rate? NOTE: Round the growth rate to two decimal places. %. X

Algebra and Trigonometry (6th Edition)

6th Edition

ISBN:9780134463216

Author:Robert F. Blitzer

Publisher:Robert F. Blitzer

ChapterP: Prerequisites: Fundamental Concepts Of Algebra

Section: Chapter Questions

Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...

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Question

Consider the exponential function y = 3000(0.71)*.
(a) Write the function in the form y = ae
aekt.
NOTE: Round the value of k to four decimal places.
Y
3000 e
-0.3425t
(b) What is the annual growth rate?
NOTE: Enter the exact value.
The annual growth rate is 65.75
(c) What is the continuous growth rate?
NOTE: Round the growth rate to two decimal places.
The continuous growth rate is -34.25
%.
×
%.

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