Question

Using A=Pe^rt solve

A=1,240,000
r=8%
t=30 years

what is P?​

Answer 1

P= 112,490.26207887

P= 112,490 (it should be a whole number for oliy represents the number of humans)

Explanation:

1,240,000 = P e^(0.08×30)

1,240,000 = P e^(0.08×30)

________ ____________

e^(0.08×30) e^(0.08×30)

P = 112,490.26207887

or

1,240,000 = P e^(0.08×30)

____________ ____________

11.0231763806 11.0231763806

P = 112,490.26207887