Write expnential functions in the form of y =ae^(kt) find k accurate to four decimal places. If t is measured inyears, give the percent annual growth rate and continuous growthrate per year. a) a city is growing by 26% per year. b)a company's profit is increasing by an annual growthfactor of 1.12

Marisol Rivers 2022-07-26 Answered
Write exponential functions in the form of y = a e k t
find k accurate to four decimal places. If t is measured inyears, give the percent annual growth rate and continuous growthrate per year.
a) a city is growing by 26% per year.
b)a company's profit is increasing by an annual growth factor of 1.12
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Answers (1)

akademiks1989rz
Answered 2022-07-27 Author has 16 answers
a)For the annual growth rate,
Let Po is the initial population of the city,
P = P o ( 1.26 ) t
For the continuous growth rate
P = P o e 0.26 t
b) P = P o ( 1.12 ) t
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