Exponential Growth with a = , r = 0.05, p = 400, t = 6

Enter 3 out of 4 items below. Leave the item you want to calculate blank: You start with an initial value of 400 which accumulates exponentially at a rate of 0.05 for 6 units of time? How much is your initial value now?

Since r = 0.05 is greater than zero, we have an exponential growth equation

The exponential growth equation is as follows:

Pe^{rt} = A where P is your initial starting value, r is your rate,
and t is time it takes to grow your initial investment/amount to A, your final value. Note: e is Eulers Constant = 2.718281828459

Plugging in our known values, we get:

A = 400e^{(0.05)(6)} A = 400e^{0.3} A = 400(1.349858807576) A = 539.9435230304

Therefore, 400 which accumulates exponentially at a rate of 0.05 for 6 units of time has a value of 539.9435230304

What is the Answer?

Therefore, 400 which accumulates exponentially at a rate of 0.05 for 6 units of time has a value of 539.9435230304

How does the Exponential Growth Calculator work?

This solves for any 1 of the 4 items in the exponential growth equation or exponential decay equation, Initial Value (P), Ending Value (A), Rate (r), and Time (t). This calculator has 4 inputs.

What 2 formulas are used for the Exponential Growth Calculator?