Find the initial value a, growth/decay factor b, and growth/decay rater for the following exponential function: Q(t) = 0.0029(2.52)-4t (a) The initial value is a = (b) The growth factor is b = help (numbers) help (numbers) (Retain at least four decimal places.) % help (numbers) (Ensure your answer is accurate to at least the nearest 0.01%) (c) The growth rate is r = (Note that if r gives a decay rate you should have r < 0.)

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter10: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 442RE: Jerome invests $18,000 at age 17. He hopes the investments will be worth $30,000 when he turns 26....
icon
Related questions
Question
Find the initial value a, growth/decay factor b, and growth/decay rater for the following exponential function:
Q(t) = 0.0029(2.52)-4t
(a) The initial value is a =
(b) The growth factor is b =
help (numbers)
help (numbers) (Retain at least four decimal places.)
(c) The growth rate is r =
% help (numbers) (Ensure your answer is accurate to at least the nearest 0.01%)
(Note that if r gives a decay rate you should have r < 0.)
Transcribed Image Text:Find the initial value a, growth/decay factor b, and growth/decay rater for the following exponential function: Q(t) = 0.0029(2.52)-4t (a) The initial value is a = (b) The growth factor is b = help (numbers) help (numbers) (Retain at least four decimal places.) (c) The growth rate is r = % help (numbers) (Ensure your answer is accurate to at least the nearest 0.01%) (Note that if r gives a decay rate you should have r < 0.)
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Recommended textbooks for you
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9780998625720
Author:
Lynn Marecek
Publisher:
OpenStax College
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax
Algebra and Trigonometry (MindTap Course List)
Algebra and Trigonometry (MindTap Course List)
Algebra
ISBN:
9781305071742
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
Calculus For The Life Sciences
Calculus For The Life Sciences
Calculus
ISBN:
9780321964038
Author:
GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:
Pearson Addison Wesley,
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
College Algebra
College Algebra
Algebra
ISBN:
9781305115545
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning