Given f(t) = 374e 0.24t where 't' is in years, what is the continuous annual rate? Hint: Your answer will be a number between -30 and 30 Continuous Annual Rate as a percentage is = % What is the annual % rate? HINT: First Convert the equation f(t) = 374e 0.24t to the form f(t) = ab' and use the b - value to determine your answer. Give answer as a percentage accurate to three decimal places. HINT: Your answer will be a number between -30 and 35. Annual Percentage Rate is =

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section: Chapter Questions
Problem 18T
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Question
-0.24t
Given f(t) = 374e
where 't' is in years, what is the continuous annual rate?
Hint: Your answer will be a number between -30 and 30
Continuous Annual Rate as a percentage is
%3D
What is the annual % rate?
HINT: First Convert the equation f(t) = 374e-0.24t
determine your answer.
to the form f(t) = ab² and use the b - value to
%3D
Give answer as a percentage accurate to three decimal places.
HINT: Your answer will be a number between -30 and 35.
Annual Percentage Rate is
II
Transcribed Image Text:-0.24t Given f(t) = 374e where 't' is in years, what is the continuous annual rate? Hint: Your answer will be a number between -30 and 30 Continuous Annual Rate as a percentage is %3D What is the annual % rate? HINT: First Convert the equation f(t) = 374e-0.24t determine your answer. to the form f(t) = ab² and use the b - value to %3D Give answer as a percentage accurate to three decimal places. HINT: Your answer will be a number between -30 and 35. Annual Percentage Rate is II
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