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Sagot :
The growth of the quantity is an illustration of an exponential function
The value of the quantity after 1.55 minutes is 76759.22
How to determine the amount of the quantity?
The given parameters are:
Initial value, a = 2000
Rate, r = 4%
An exponential growth function is represented as:
y = a(1 + r)^x
Substitute the value in the equation
y = 2000(1 + 4%)^x
After 1.55 minuted, x = 1.55 * 60
So, we have:
y = 2000(1 + 4%)^(1.55 * 60)
Evaluate the expression
y = 76759.22
Hence, the value of the quantity after 1.55 minutes is 76759.22
Read more about exponential functions at:
brainly.com/question/24077767
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