A quantity with an initial value of 8600 grows exponentially at a rate of 20% every 2 minutes. What is the value of the quantity after 67 minutes, to the nearest hundredth?

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asked Oct 13, 2021 47.9k views

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A quantity with an initial value of 8600 grows exponentially at a rate of 20% every 2 minutes. What is the value of the quantity after 67 minutes, to the nearest hundredth?

Mathematics
high-school

Csbarnes asked

by Csbarnes

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Answer:

23400 x 8/100 = 1872 = the loss

1872 : 12 = 156= the loss each month

156/1872*100% = 8.33 % then round it

Arcticmatt answered Oct 14, 2021

by Arcticmatt

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5 votes

Answer:

The answer is 3864294.3

Explanation:

Bing Jian answered Oct 16, 2021

by Bing Jian

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