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24 February, 02:19

A quantity with an initial value of 2300 grows continuously at a rate of 45% per minute. What is the value of the quantity after 0.2 hours, to the nearest hundredth?

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  1. 24 February, 03:47
    0
    198675.29

    Step-by-step explanation:

    x=p (1+r/n) ^nt

    198675.29=2300 (1+.45/1) ^1 (12)

    x = the result

    p = what you start with

    r = the rate %

    n = the number of times a min has to past to apply % (in this case only 1 min has to past to add the %

    t = how many times

    0.2 of an hour = 12 minutes
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