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P = 1500 R = 6% Or 0.06 N = 5 Then, A = 1500(1 + 0.06)5 = 1500(1.06)5 Use A Calculator.
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Web do the following situations model exponential growth or decay? What is exponential growth & decay? Web exponential growth and decay:
Atmospheric pressure decreases as the height above sea level increases, at a rate of about 12% per 1000m. T = time periods write an exponential function to model each. Web exponential growth and exponential decay are two of the most common applications of exponential functions.
