Question

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

Answer 1

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