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10 votes
10 votes
A quantity with an initial value of 850 grows continuously at a rate of 90% per

decade. What is the value of the quantity after 59 years, to the nearest hundredth?

User Jonesy
by
2.8k points

2 Answers

25 votes
25 votes

Answer:

171997.69

Explanation:

See photo for explanation

A quantity with an initial value of 850 grows continuously at a rate of 90% per decade-example-1
User DvdG
by
2.9k points
22 votes
22 votes

Answer:

5400

Explanation:

so 90% of 850 is 765 (0.90x850)

765 is 10 years

so 1 year is 765/10 = 76.5 per year. So 76.5x59 = 4,513.5 add the initial ammount and you got 5,363.5 in the nearest hundredth you get 5400

User ErickXavier
by
2.9k points