Suppose $1000 is invested at interest rate k, compounded continuously, and grows to $1144.54 in 3 years. 1) What is the interest rate? 2) What is the exponential growth formula...
Suppose $1000 is invested at interest rate k, compounded continuously, and grows to $1144.54 in 3 years. 1) What is the interest rate? 2) What is the exponential growth formula...
A country's population doubled in 45 years. What is the exponential growth rate?Growth