The growth function per hour is
f(x) = 5500(1.65)ˣ
To find the growth rate per hour, we should find the derivative of f(x).
Take the natural log of the equation.
ln(f) = ln[5500(1.65)ˣ]
= ln(5500) + x ln(1.65)
Take the derivative with respect to x.
f'/f = ln(1.65) = 0.5
Therefore the derivative is
f' = 0.5f
= 2750(1.65)ˣ
= 275000(1.65)ˣ percent or 2.75 x 10⁵ (1.65)ˣ percent
Answer:
f(x) = 5500(1.65)ˣ
To find the growth rate per hour, we should find the derivative of f(x).
Take the natural log of the equation.
ln(f) = ln[5500(1.65)ˣ]
= ln(5500) + x ln(1.65)
Take the derivative with respect to x.
f'/f = ln(1.65) = 0.5
Therefore the derivative is
f' = 0.5f
= 2750(1.65)ˣ
= 275000(1.65)ˣ percent or 2.75 x 10⁵ (1.65)ˣ percent
Answer: