Suppose that ftQoatQo1rt with f3 782and f8180 Find the follo

Suppose that f(t)=Qoa^t=Qo(1+r)^t with f(3)= 78.2and f(8)=180. Find the following:
(a) a=

(b) r=

(Give both answers to at least 5 decimal places.)

Solution

Given

f(t)=Qoat=Qo(1+r)t

f(3)= 78.2and f(8)=180

at= (1+r)t

a = 1+r --- (1)

at t=3

78.2 = Qo a3 ----- (2)

at t=8

180 = Qo a8 --------(3)

(3 ) / ( 2) gives,

a5 = 180/78.2

a)a = 0.84642

b)r= -0.153578 from (1)

Suppose that f(t)=Qoa^t=Qo(1+r)^t with f(3)= 78.2and f(8)=180. Find the following: (a) a= (b) r= (Give both answers to at least 5 decimal places.)SolutionGiven

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