exponential growth
- Thread starter jeca86
- Start date
- Joined
- Feb 4, 2004
- Messages
- 16,583
If the growth is exponential, then it is of the form:
. . . . .A = Pe<sup>kt</sup>
...where "A" is the ending amount, "P" is the beginning amount, "k" is the growth (or, if negative, decay) constant, and "t" is the time.
Letting "t = 0" stand for "1988", you have been given:
. . . . .605 = 500e<sup>2k</sup>
Solve for the growth constant, k.
Eliz.
. . . . .A = Pe<sup>kt</sup>
...where "A" is the ending amount, "P" is the beginning amount, "k" is the growth (or, if negative, decay) constant, and "t" is the time.
Letting "t = 0" stand for "1988", you have been given:
. . . . .605 = 500e<sup>2k</sup>
Solve for the growth constant, k.
Eliz.