Wednesday

November 26, 2014

November 26, 2014

Posted by **josh** on Wednesday, March 23, 2011 at 6:23pm.

annual growth rate: %

continuous growth rate: %

- precalculus -
**Reiny**, Wednesday, March 23, 2011 at 7:07pm2 = 1(1+i)^20

take 20th root of both sides

1.03526 = 1+i

i = .03526

the rate is 3.526%

continuous growth:

2 = e^(20k)

ln 2 = 20k(lne)

k = ln2/20 = .03466 or 3.466%

**Answer this Question**

**Related Questions**

Calculous Pre - A population grows from 11,000 to 15,000 in three years. Enter ...

MATH - You are listening to a political pundit discussing the growth of the ...

Mathematics - You are listening to a political pundit discussing the growth of ...

Math - You are listening to a political pundit discussing the growth of the ...

math - write the exponential function y=40e^0.06t in the form y=ab^t. find b ...

Macroeconomics - Calculating the Rate of Growth of Per Capita Real GDP The ...

POPULATION - If a population consists of 10,000 individuals at time t=0 years (...

environmental science - Explain the main point concerning exponential growth and...

maths - The population of the world in 1987 was 5 billion and the annual growth ...

socials - wat r main factors of population change? jobs people get? i really not...