question a quantity with an initial value of 200 grows continuously at a rate of 4% per second. what is the…

question a quantity with an initial value of 200 grows continuously at a rate of 4% per second. what is the value of the quantity after 1.55 minutes, to the nearest hundredth? answer attempt 1 out of 2 submit answer
Answer
Explanation:
Step1: Convert time to seconds
1.55 minutes = 1.55×60 = 93 seconds
Step2: Use continuous - growth formula
The formula for continuous growth is $A = Pe^{rt}$, where $P$ is the initial value, $r$ is the growth rate, and $t$ is the time. Here, $P = 200$, $r=0.04$, and $t = 93$. $A=200\times e^{0.04\times93}$
Step3: Calculate the exponent
$0.04\times93 = 3.72$
Step4: Calculate the value of $e^{3.72}$
Using a calculator, $e^{3.72}\approx41.2977$
Step5: Calculate the final value of $A$
$A = 200\times41.2977=8259.54$
Answer:
8259.54