(1 point) Write the exponential function y = 350e^-0.07t in the form y = ab^t. (a) Once you have rewritten the formula, give b accurate to at least four decimal places. b = help (numbers) If t is measured in years, indicate whether the exponential function is growing or decaying and find the annual and continuous growth/decay rates. The rates you determine should be positive in both cases of growth or decay (by choosing decay the negative rate is implied). (b) The annual ? rate is % per year (round to the nearest 0.01%). (c) The continuous ? rate is % per year (round to the nearest 0.01%).
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The function y=350e^−0.07t is already in the form y=ab^t, where a=350 and b=e^−0.07. (a) The value of b is e^−0.07, which is approximately 0.9335 when rounded to four decimal places. Show more…
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