Is the formula for a function representing a quantity which begins at $4 N$ in year $t=0$ and grows at a continuous annual rate of $r \%$ given by
$f(t)=4 N e^{r t /100} ?$

Question

Quizplus · Accepted Answer

The formula $f(t) = 4N e^{rt/100}$ correctly represents continuous growth starting at $4N$ with a rate $r\%$, where $e$ is the base of the natural logarithm.

Is the Formula for a Function Representing a Quantity Which 4N4 N4N

Is the Formula for a Function Representing a Quantity Which $4 N$