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Mathematics 13 Online
OpenStudy (estherstap):

Change of Rate questions...

OpenStudy (estherstap):

satellite73 (satellite73):

to increase a number by \(2.9\%\) multiply it by \(100\%+2.9\%=102.9\%=1.029\)

satellite73 (satellite73):

to do it \(t\) times, multiply it by \((1.029)^t\)

OpenStudy (estherstap):

So G(t) = 260(1+0.029)^t ??

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