Question: can u solve C not sure if i did it right G. . Any exponential growth or decay application can be describe using the formula
can u solve C not sure if i did it right

G. . Any exponential growth or decay application can be describe using the formula A = A (k) Growth rate % k = 1+r T = time Decay rate % k = 1-r T= t Half-life k = 1/2 T = t/h, where h is the half-life of the element Doubling k = 2 T =t/d, where d is how long it Tripling k = 3: takes to double or triple Compound Interest k = 1+r T = nt = total number of times n = # compounding period interest is compounded Imagine that you invested $15300 at an interest rate of 12% compounded quarterly. a) How much money will you have after 1 year? $ 17, 225. 28 A = 15300 (It .9 = 15300 (1.03 b) How much money will you have after 14 months? 14 $ 17, 562. 99 = 15300 ( 1 tal 21 c) How long does it take for the value to triple? 125 15300 ( 1 +012) 4x 12 -.. . mm lo years
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
