A quantity with an initial value of 510 grows exponentially at a rate of 7% every 2 decades. What is the value of the quantity after 5 decades, to the nearest hundredth?

Respuesta :

Answer:

The value of the quantity after 5 decades is 607.54

Step-by-step explanation:

This quantity, after intervals of 2t decades, can be modeled by the following equation.

[tex]Q(t) = Q(0)e^{rt}[/tex]

In which Q(0) is the initial quantity and r is the rate it increases.

A quantity with an initial value of 510 grows exponentially at a rate of 7% every 2 decades.

This means that [tex]Q(0) = 510, r = 0.07[/tex]

So

[tex]Q(t) = 510e^{0.07t}[/tex]

What is the value of the quantity after 5 decades, to the nearest hundredth?

5 decades is 5/2 = 2.5 intervals of two decades.

So this is Q(2.5).

[tex]Q(t) = 510e^{0.07t}[/tex]

[tex]Q(2.5) = 510e^{0.07*2.5}[/tex]

[tex]Q(2.5) = 607.54[/tex]

The value of the quantity after 5 decades is 607.54

Answer:

≈541.89

Step-by-step explanation: