So exponenetial growth or decay
it goes like this
f(t)=P(1+r)^t
r=rate of decay or grouth
if r>0 then it is grouth by r
if r<0 then it is decay
i
P=initial amount
so
given
f(x)=5500(1.65)^t
f(x)=5500(1+0.65)^t
0.65>0 so it is growing by 65%
You could make circle like apples until you get all of them I hope this is right
Answer:
1. Answer: F = P123,514.09
Step-by-step explanation:
1. Peter started to deposit P5,000 quarterly in a fund that pays 1% compounded quarterly. How much will be in
the fund after 6 years?
1. Answer: F = P123,514.09
