Explanation Given: The given expression, P = 100 e 0.06 t . Calculation: We have to represent the expression in the form of P = P 0 e r t , in the given expression we have, P 0 = 100 To determine (b) The annual percent growth rate.

Applied Calculus, 6e WileyPLUS + Loose-leaf

6th Edition

ISBN: 9781119408901

Author: Deborah Hughes-Hallett, Andrew M. Gleason, Patti Frazer Lock, Daniel E. Flath

Publisher: Wiley (WileyPLUS Products)

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Exponential Growth Model

The relation that represents an exponential function is:

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Question

Chapter 1.6, Problem 35P

To determine

(a)

The continuous percent growth rate for the given expression.

To determine

(b)

The annual percent growth rate.

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Chapter 1.6, Problem 34P

Chapter 1.6, Problem 36P

Chapter 1 Solutions

Applied Calculus, 6e WileyPLUS + Loose-leaf

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(a) The continuous percent growth rate for the given expression.

Solution Summary: The author explains the continuous percent growth rate for the given expression, P=100e0.06t.