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3 years ago

14

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?

1 answer:

Hatshy [7]3 years ago

3 0

Answer:

23400 x 8/100 = 1872 = the loss

1872 : 12 = 156= the loss each month

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

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The annual return percentages will be evaluated using the formula:
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1. Ax + By = C

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