Assume time is in years Fill the missing entries on the foll
Assume time is in years. Fill the missing entries on the following table:
Solution
a) Growth factor : 0.7 ; 1- x= 0.7 ; x= 0.3
Growth rate = - 30%
Continous rate = -0.3 = -30%
Half life = 0.693/0.3 = 2.31
b) Growth Rate = -20%
Grwoth factor = 1- 0.2 = 0.8
Continous rate = -0.2 = -20%
Half life = 0.693/0.2 = 3.465
c) Contious rate = -25%
Growth rate = -25%
Growth factor = 1- 0.25 = 0.75
Half life = 0.693/0.25 = 2.772
d) half life = 10 yrs
contious rate = 0.693/10 = 0.0693 = 6.93%
Growth rate = 6.93%
Grwoth factor = 1+ 0.0693 = 1.0693
