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ruslelena [56]
2 years ago
13

A quantity with an initial value of 8100 grows exponentially at a rate of 0.35% every 4

Mathematics
1 answer:
vazorg [7]2 years ago
6 0

Answer:

8133.38

Step-by-step explanation:

Given that :

Initial value, P = 8100

Growth rate = 0.35% every 4 decade = 0.35% /40 = 0.0000875 per year

Quantity after 47 years

Using the relation :

A = P*e^(rt)

Amount after t years

t = 47 years

A = 8100 * e^(0.0000875*47)

A = 8100 * e^0.0041125

A = 8100 * 1.0041209

A = 8133.3798

A = 8133.38 (nearest hundredth)

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