2 answers:
Answer:
1. When trying to find the weekly rate, we need to simply divide the t by 52:P = 2.
To find the weekly growth rate, we need to recall one of the indicies laws:
So the Can be rearranged to:
Which gives the result:120 x (120(1.0003)Or 120( 1 + 0.0003)So the weekly growth rate is 0.0003 x 100 = 0.03So it is 0.03%
Step-by-step explanation:
<h2>
Greetings</h2>
Step-by-step explanation:
1.
When trying to find the weekly rate, we need to simply divide the t by 52:
P = ![120(1.016)^{\frac{t}{52} }](https://tex.z-dn.net/?f=120%281.016%29%5E%7B%5Cfrac%7Bt%7D%7B52%7D%20%7D)
2.
To find the weekly growth rate, we need to recall one of the indicies laws:
![a^{bc} = (a^{b})^{c}](https://tex.z-dn.net/?f=a%5E%7Bbc%7D%20%3D%20%28a%5E%7Bb%7D%29%5E%7Bc%7D)
So the ![120(1.016)^{\frac{t}{52} }](https://tex.z-dn.net/?f=120%281.016%29%5E%7B%5Cfrac%7Bt%7D%7B52%7D%20%7D)
Can be rearranged to:
![120(1.016^\frac{1}{52} )^{t}}](https://tex.z-dn.net/?f=120%281.016%5E%5Cfrac%7B1%7D%7B52%7D%20%29%5E%7Bt%7D%7D)
Which gives the result:
120 x (![1.016^\frac{1}{52} = 1.0003](https://tex.z-dn.net/?f=1.016%5E%5Cfrac%7B1%7D%7B52%7D%20%3D%201.0003)
120(1.0003)![^t](https://tex.z-dn.net/?f=%5Et)
Or 120( 1 + 0.0003)![^t](https://tex.z-dn.net/?f=%5Et)
So the weekly growth rate is 0.0003 x 100 = 0.03
So it is 0.03%
<h2>Hope this helps!</h2>
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Answer
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Step-by-step explanation:
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Answer:
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Step-by-step explanation:
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