++ 50 ++ y=a(1+r)^t meaning 584976-Y=a(1+r)^t solve for r
The next function we look at is qnorm which is the inverse of pnorm The idea behind qnorm is that you give it a probability, and it returns the number whose cumulative distribution matches the probability For example, if you have a normally distributed random variable with mean zero and standard deviation one, then if you give the function a probability it returns the associated ZscoreExponential Growth = 100 * (1 10%) ^36;A function of the form y = a(1 r)t, where a > 0 and r > 0, is an exponential growth function initial amount time growth factor rate of growth (in decimal form) final amount y = a(1 r)t WWhat You Will Learnhat You Will Learn Use and identify exponential growth and decay functions Interpret and rewrite exponential growth and decay functions Exponential Functions Mathbitsnotebook A1 Ccss Math Y=a(1+r)^t solve for r