a Find the value k of the exponential growth rate Assume V

Last updated: 9/25/2023

a Find the value k of the exponential growth rate Assume V 271 k Round to the nearest thousandth Instructor tip Example Write an exponential function by first finding the rate of change k given the value is 239 in 1977 and 499 in 1985 Tip Use V t Voe kt V t and the Vo are both dollar amounts the tis the time it took for the original 1977 value Vo to grow to the second value in 1985 V t which means t 8 So you plug those 3 values into the equation and end up solving it for the k Setup 499 293e k 8 or 499 293e 8k Now to get k by itself 1st step