= The function f(t) = 200(1.005)30t represents the change in a quantity over t months. What does the constant 1.005 reveal about the rate of change of the quantity?

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asked May 15, 2023 189k views

8 votes

=

The function f(t) = 200(1.005)30t represents the change in a quantity over t
months. What does the constant 1.005 reveal about the rate of change of the
quantity?

Mathematics
high-school

Simon PA asked

by Simon PA

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1 Answer

10 votes

Answer:

The function is growing exponentially at a rate of 0.5% every day

Explanation

Alessandro Oliveira answered May 20, 2023

by Alessandro Oliveira

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