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F(t)=30(0.97)∧t

= rate of change

User Cmbuckley
by
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1 Answer

5 votes
Hey there, Lets solve this together.


F(t)=30(0.97)^t


A = (p+r)^t

The variable (R) will be representing the rate as a decimal.

When you solve for (R) multiply by 100 to get the percentage. A percentage is
a rate, number, or amount in each hundred.

"0.97" will be replaced by "(97/100)"

Rearrange the equation by subtracting what is to the right of the equal sign from both sides of the given equation


Ft-((30))97/100) * t) = 0

Rewrite the whole as a fraction using 10 as the denominator :


ft = ft/1 = ft * 10/10

The equation now takes the shape :
t • (10f-291) = 0

f = 291/10 = 29.100

t = 0



Positive = Growth

Negative = Decay


1 + r = .97


r = -0.03




User Ralf Htp
by
8.8k points