Question

@TGstudios

Answer 1

sry bout the last one...

Answer 2

its all good

Answer 3

ok I understand this better now... look here:
Exponential word problems almost always work off the growth / decay formula, A = Pert, where "A" is the ending amount of whatever you're dealing with (money, bacteria growing in a petri dish, radioactive decay of an element highlighting your X-ray), "P" is the beginning amount of that same "whatever", "r" is the growth or decay rate, and "t" is time. The above formula is related to the compound-interest formula, and represents the case of the interest being compounded "continuously".

Answer 4

ok

Answer 5

so replace P with 98 million

Answer 6

ok

Answer 7

r with 5 million and t with 7 years

Answer 8

I GOT IT: HERE:
final=initial(rate^time)

first you want to find the rate....

final/initial=rate^time

ln(f/i)=tlnr

lnr=ln(f/i)/t

r=e^[lnitial(f/i)/t]

Once you find the rate you are left with the basic equation for exponential growth for this problem...

r in this case is r=e^[lnitial(103/98)/7]~1.007

p=98(1.007)^24~116.23 million

sorry for the wait ;)

Answer 9

*sudden realization*

Answer 10

XD I know my brain wasn't working for a second

Answer 11

they dont want it as a decimal, i think it needs to be a interger

Answer 12

your answer will be 116 million ;)

Answer 13

correct

Answer 14

:D