Answer:
The value of the quantity after 87 months will be of 599.64.
Explanation:
A quantity with an initial value of 600 decays exponentially at a rate of 0.05% every 6 years.
This means that the quantity, after t periods of 6 years, is given by:
![Q(t) = 600(1 - 0.0005)^(t)](https://img.qammunity.org/2022/formulas/mathematics/college/gvfjxjyej5o3ekex7cbmu4zhs7aic8tz6h.png)
What is the value of the quantity after 87 months, to the nearest hundredth?
6 years = 6*12 = 72 months
So 87 months is 87/72 = 1.2083 periods of 6 years. So we have to find Q(1.2083).
![Q(t) = 600(1 - 0.0005)^(t)](https://img.qammunity.org/2022/formulas/mathematics/college/gvfjxjyej5o3ekex7cbmu4zhs7aic8tz6h.png)
![Q(1.2083) = 600(1 - 0.0005)^(1.2083) = 599.64](https://img.qammunity.org/2022/formulas/mathematics/college/idjy34ebmkjtw5c8h9ezyjppxi2rrxujfx.png)
The value of the quantity after 87 months will be of 599.64.