Solved

Find the Present Value of the Future Value r(t)=101e0.005tr ( t ) = 101 e ^ { 0.005 t }

Question 178

Multiple Choice

Find the present value of the future value.
-The number of reports of a certain virus has increased exponentially since year 0. The number of cases can be approximated using the function r(t) =101e0.005tr ( t ) = 101 e ^ { 0.005 t } where t is the number of years since
Year 0. Estimate the number of cases in year 40.


A) 247 cases
B) 117 cases
C) 123 cases
D) 93 cases

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents