Respuesta :
The value of the quantity after 21 days, to the nearest hundredth, given the expoenential decay is 3.11.
What is the value of the quantity after 21 days?
When a quantity decays , it means that the value of the quantity declines with the passage of time.
The formula that can be used to determine the value of the quantity after a number of weeks is :
FV = P (1 - r)^n
Where:
- FV = Future value
- P =initial value
- R =rate of decay
- N = number of weeks = 21/7 = 3 weeks
920 x (1 - 0.85)^3
920 x 0.15^3 = 3.11
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