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4 years ago

6

A certain quantity grows exponentially over time. The initial quantity at t = 0 is 2,000. The quantity grows by a factor of 20%.

What is the quantity at t = 8?

2 answers:

katovenus [111]4 years ago

8 0

The quantity at t=8 is $8,599.63

fiasKO [112]4 years ago

3 0

The equation says
A=p(1+r)^t
A=2,000×(1+0.20)^(8)
A=8,599.63

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