A certain quantity grows exponentially over time. The initial quantity at t = 0 is 1,000. The quantity grows by a factor of 3%.
What is the quantity at t = 5 to the nearest whole number? A. 116 . B. 1126 . C.1159 . D. 3713 .
1 answer:
<span>1000*(1.03) = 1030 at t = 1
1000*(1.03) = 1060.9 at t = 2
1000*(1.03) = 1092.727 at t = 3
1000*(1.03) = 1125.508 at t = 4
1000*(1.03) = 1159.274 at t = 5
So i think the answer would be : C. 1159
Hope this helps</span>
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