Formula of Exponential Growth P (t) = P0 ert Where, t = time (number of periods) P (t) = the amount of some quantity at time t P 0 = initial amount at time t = 0 r = the growth rate e =
So, to calculate the value of k in Excel, we have to use the exponential in Excel and the LOG function. P = A/e kt Therefore, P = A/EXP (k*t) In Excel, the formula will be: =ROUND (D3+D3/
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Part I. Solving Exponential Equations with Same Base Example 1 Solve: 4 x + 1 = 4 9 Step 1 Ignore the bases, and simply set the exponents equal to each other x + 1 = 9 Step 2 Solve for the
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