hi guys, Hi guys, quition no 13. I wanna know how to find growth rate ? I know how to find a I need forumula ... and can you explain it. thanks.
comingsoon · Jan 11, 2011 3:41 PM · 1,955 views
It's a basic algebra.. you dont need to know the meaning of 'r' or 'a'. Let me try.. Q(13) .. f(5) = 75.94 ===> t = 5 so, f(5) = Qo a^5 = Qo(1 + r)^5 = 75.94 -------- (i) and, f(7) = 170.80 ===> t = 7 ; so, f(7) = Qo a^7 = Qo (1 + r)^7 = 170.80 ------(ii) Diving eq (ii) by equation (i); Qo a^7 = 170.80 and Qo a^7 = Qo(1 + r)^7 ------------ ---------- -------- --------------------- ------(iii) Qo a^5 75.94 Qo a Qo (1 + r)^5 From left side equality, a^2 = 2.249 ==> a = 1.5 ------- (iv) From right equality of eqn (iii) a^2 = (1 + r)^2 r = +- a - 1 ------ (v) use 'a' from eqn (iv) in (v) r = -2.5 and 0.5 I think 'r' can have +ve value only. So, r = 0.5 Try similarly for Question(14) ..:)
ANS · Jan 11, 2011 4:27 PM
Thanks again...
comingsoon · Jan 11, 2011 5:09 PM
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