Answer: k= -.5543
Explanation:
Given:
t=1
P(t)=10532
>substitute what you know and solve for k
>cross multiply
>divide both sides by 10532
>subtract 1 from both sides
>divide both sides by 1.2
>take "ln" of both sides
>simplify
-k=.55430 >bring over negative and round
k= -.5543