Math Problem Statement
Evaluate the following expression. 13 comma 000 e Superscript 0.03 left parenthesis 30 right parenthesis Question content area bottom Part 1 13 comma 000 e Superscript 0.03 left parenthesis 30 right parenthesisequals enter your response here (Do not round until the final answer. Then round to two decimal places as needed.)
Solution
To evaluate the expression , let's break it down step-by-step.
-
Evaluate the exponent:
-
Calculate : Using the approximate value of .
-
Multiply by 13,000:
After rounding to two decimal places, the answer is:
Would you like more details, or do you have any questions?
Related Questions
- What would happen if the exponent was 0.04 instead of 0.03?
- How would you solve this if the base was 12,000 instead of 13,000?
- Can you derive the general formula for where and are variables?
- How does changing the exponent affect the growth rate in this type of equation?
- What are some common applications of exponential functions in finance?
Tip: When dealing with exponential growth, small changes in the exponent can lead to significant differences in the final value.
Ask a new question for Free
By Image
Drop file here or Click Here to upload
Math Problem Analysis
Mathematical Concepts
Exponential Functions
Algebra
Growth Calculations
Formulas
Exponential function formula P * e^(rt)
Theorems
Properties of Exponents
Euler's Number (e)
Suitable Grade Level
Grades 10-12