Given f(t) = 338(1.36)' where 't' is in years, what is the annual rate? Annual Rate as a percentage is = What is the continuous annual % rate? HINT: First Convert the equation f(t) = ab' to the form f(t) = 338e*t and use the k value to determ your answer. Write the answer as a percentage accurate to three decimal places. Continuous Annual Percentage Rate is =

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter2: Graphical And Tabular Analysis
Section2.1: Tables And Trends
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Given f(t) = 338(1.36)' where 't' is in years, what is the annual rate?
Annual Rate as a percentage is =
What is the continuous annual % rate?
HINT: First Convert the equation f(t) = ab' to the form f(t) = 338e* and use the k - value to determine
%3D
your answer.
Write the answer as a percentage accurate to three decimal places.
Continuous Annual Percentage Rate is =
%3D
Transcribed Image Text:Given f(t) = 338(1.36)' where 't' is in years, what is the annual rate? Annual Rate as a percentage is = What is the continuous annual % rate? HINT: First Convert the equation f(t) = ab' to the form f(t) = 338e* and use the k - value to determine %3D your answer. Write the answer as a percentage accurate to three decimal places. Continuous Annual Percentage Rate is = %3D
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