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State the starting value and the growth factor and the percentage growth rate for the exponential function Q equals left paren 1 over 3 right paren to the power of t over 25?
Wiki User
∙ 9y ago
The starting value is Q(0) = (1/3)^(0/25) = (1/3)^0 = 1
Growth rate (per period, t) = 100*{Q(1)/Q(0)-1}
= 100*{(1/3)^(1/25)/1 - 1}
= 100*{0.9570 - 1} = -4.30 % approx.
Wiki User
∙ 9y ago
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