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Suppose [tex]Q = 38.8(0.829)^t[/tex]. Give the starting value [tex]a[/tex], the growth factor [tex]b[/tex], and the growth rate [tex]r[/tex] if [tex]Q = a \cdot b^t = a(1 + r)^t[/tex].

- [tex]a =[/tex]
- [tex]b =[/tex]
- [tex]r =[/tex]

Answer :

we have

[tex]\begin{gathered} Q=38.8(0.829)^t \\ \text{and} \\ Q=a\cdot b^t \end{gathered}[/tex]

then:

a = 38.8

b = 0.829

and we have

[tex]\begin{gathered} Q=a\cdot b^t=a(1+r)^t \\ so, \\ b=1+r \\ 0.829=1+r \\ 0.829-1=1+r-1 \\ r=-0.171 \end{gathered}[/tex]

r in percentage

[tex]r=0.171\times100=17.1[/tex]

r = 17.1%

answer:

a = 38.8

b = 0.829

r = - 0.171

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