940 is the initial value, to the closest hundredth, after 30 minutes when amount that starts out at 800 increases exponentially at a rate of 5.5% every 10 minutes.
Given that,
An amount that starts out at 800 increases exponentially at a rate of 5.5% every 10 minutes.
We have to find what is the quantity's value, to the closest hundredth, after 30 minutes.
We know that,
Formula is
S=a(r+1)ⁿ
Here,
S is initial value
a is 800
r is 5.5%
n is time 30/10
800×(5.5%+1[tex])^{30\div10}[/tex]
=939.3931
Therefore, 940 is the quantity's value, to the closest hundredth, after 30 minutes when amount that starts out at 800 increases exponentially at a rate of 5.5% every 10 minutes.
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