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9) Write a function with the following information: initial value is 300,

growth, growth rate of 15% *

User Urkman
by
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1 Answer

2 votes

Answer:

P(t) = 300e^0.15t

Explanation:

The exponential equation for calculating the growth rate is expressed as;

P = P0e^rt

P0 is the initial value =300,

r is the growth rate = 15% = 0.15

t is the time

Substitute;

P = 300e^0.15t

Hence the function that represent the information is P = 300e^0.15t

User DarkZeros
by
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