X > -2....................
The rate must be in DECIMAL form and the time must be in YEARS
You just do 36*.25=9
Then 36-9=27
$27 is your final price
Hope this helps!
Please crown;)
We use P = i•e^rt for exponential population growth, where P = end population, i = initial population, r = rate, and t = time
P = 2•i = 2•15 = 30, so 30 = 15 [e^(r•1)],
or 30/15 = 2 = e^(r)
ln 2 = ln (e^r)
.693 = r•(ln e), ln e = 1, so r = .693
Now that we have our doubling rate of .693, we can use that r and our t as the 12th hour is t=11, because there are 11 more hours at the end of that first hour
So our initial population is again 15, and P = i•e^rt
P = 15•e^(.693×11) = 15•e^(7.624)
P = 15•2046.94 = 30,704
