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3 years ago

What is the quarterly growth rate for the function f(t) = 1000 (1.03) ? PLEASE HELP QUICK

Mathematics

1 answer:

RSB [31]3 years ago

5 0

Answer:

Step-by-step explanation:

So I'm assuming you meant to type f(t) = 1000(1.03)^t

and assuming t is in years, we let t = 0.25, therefore 1000(1.03)^0.25

= 1.00741707178, then subtracting 1000 (assuming that is the original money), we get approx = 0.007 of whatever currency

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ANSWER

See below

EXPLANATION

Given

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and

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Expand:

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Read 2 more answers