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Give the starting value a, the growth factor b, and the growth rate r if Q = abt = a(1 + r)t . Write r as a percent.

Give the starting value a, the growth factor b, and the growth rate r if Q = abt = a-example-1
User Duffp
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2 Answers

1 vote

Answer:A

Explanation:

User Bilal Dadanlar
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0 votes

Answer:

Option a:

a=79

b=1.002

r=0.2%

Explanation:

Q = 79 (1.002)^t

Q = a b^t = a (1+r)^t

Comparing with the formulas:

a=79

b=1.002

1+r=1.002

Solving for r: Subtrating 1 both sides of the equation:

1+r-1 = 1.002 - 1

r = 0.002

Writting r as percent:

r = (0.002) 100%

r = 0.2%

User Chris Rymer
by
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