Answer:
The value of the quantity after 87 months will be of 599.64.
Step-by-step explanation:
A quantity with an initial value of 600 decays exponentially at a rate of 0.05% every 6 years.
This means that the quantity, after t periods of 6 years, is given by:
[tex]Q(t) = 600(1 - 0.0005)^{t}[/tex]
What is the value of the quantity after 87 months, to the nearest hundredth?
6 years = 6*12 = 72 months
So 87 months is 87/72 = 1.2083 periods of 6 years. So we have to find Q(1.2083).
[tex]Q(t) = 600(1 - 0.0005)^{t}[/tex]
[tex]Q(1.2083) = 600(1 - 0.0005)^{1.2083} = 599.64[/tex]
The value of the quantity after 87 months will be of 599.64.