1 Assume That The Annual Percentage Rate Increases By 5 10 20 40 And 60 30 Marks A Calculate The Approxima 1 (17.62 KiB) Viewed 32 times
1 Assume That The Annual Percentage Rate Increases By 5 10 20 40 And 60 30 Marks A Calculate The Approxima 2 (11.23 KiB) Viewed 32 times
1. Assume that the annual percentage rate increases by 5%, 10%, 20%, 40%, and 60%. [30 marks] a. Calculate the approximate doubling time (Dappx) b. Calculate the exact doubling time (Dexact) c. Calculate the percentage error in calculating the doubling time for each case.
2. If a colony of bacteria lives in a jar and doubles in number every day, and it takes 30 days to fill the jar with bacteria, how long does it take for the jar to be half full? [10 Marks]
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