Calculus with Applications (10th Edition)

Published by Pearson
ISBN 10: 0321749006
ISBN 13: 978-0-32174-900-0

Chapter 2 - Nonlinear Functions - 2.6 Applications: Growth and Decay; Mathematics of Finance - 2.6 Exercises - Page 107: 2

Answer

In the exponential growth or decay function $y=y_0e^{kt}$ $y_0$ is the amount or number of some quantity present at time $t=0$ $k$ represents the constant which is growth constant if $k\gt0$, and is the decay constant when $k \lt 0$

Work Step by Step

In the exponential growth or decay function $y=y_0e^{kt}$ $y_0$ is the amount or number of some quantity present at time $t=0$ $k$ represents the constant which is growth constant if $k\gt0$, and is the decay constant when $k \lt 0$
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