Calculus Examples

$y = 1200 \cdot {(1 + 0.3)}^{t}$

Step 1

The input $1200 \cdot {(1 + 0.3)}^{t}$ matches the formula for the exponential growth.

$a {(1 + r)}^{t}$

Step 2

Multiply $r = 0.3$ by $100$ to get the growth percentage.

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Step 2.1

Multiply $0.3$ by $100$ to convert to a percentage.

$0.3 \cdot 100$

Step 2.2

Simplify $0.3 \cdot 100$ .

$30 %$