a quantity with an initial valuve of 390 decays continuously at a rate of 5% per decade what is the value of the quantity after

Question

3 years ago

7

51 years to the nearest hundredth. please help

1 answer:

pogonyaev · Answer 1 · 2022-08-25T06:24:31+03:00

Answer:

4695.90

Step-by-step explanation:

The exponential growth function is given as:

y = a(1 + r)^t

a = Initial value = 390

y = Value after time t = ?

r = Growth rate = 5% = 0.05

t = Time in years =51

Hence

y = 390(1 + 0.05)⁵¹

y = 4695.9002123

Approximately = 4695.90