The number of users on a website is 3200 and is growing exponentially at a rate of 70% per year. Write a function to represent the number of users on the website after tt years, where the daily rate of change can be found from a constant in the function. Round all coefficients in the function to four decimal places. Also, determine the percentage rate of change per day, to the nearest hundredth of a percent.

The number of users on a website is 3200 and is growing exponentially at a rate of 70% per year. Wr

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Ответ:

heavenwatkins789

15.03.2022

Mathematics

$\$1,640$

Step-by-step explanation:

we know that

The simple interest formula is equal to

I=P(rt)

where

I is the interest Value

P is the Principal amount of money to be invested

r is the rate of interest

t is Number of Time Periods

in this problem we have

$t=7\ years\\ I=\$631.40\\r=0.055$

substitute in the formula above and solve for P

631.40=P(0.055*7)

$P=631.40/(0.055*7)=\$1,640$

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