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31 December, 18:14

How do I make an algebraic formula for a number that's increasing by 74%?

Starting number:

93.13, I need a formula to go up by 74% 100 times.

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Answers (1)
  1. 31 December, 18:39
    0
    Step-by-step explanation:

    If the number is increasing at a constant rate of 74%, this rate of increment is in geometric progression. The formula for the nth term of a geometric sequence can be expressed as

    Tn = ar^ (n - 1)

    Where

    n represents the number of terms in there sequence.

    a represents the first term of the sequence.

    r represents the common ratio

    From the information given,

    The number increases by 74%, it means that

    r = 1 + 74/100 = 1 + 0.74 = 1.74

    Starting number is 93.13 so

    a = 93.13

    It would increase 100 times so

    n = 100

    Therefore, the formula will be

    Tn = 93.13 * 1.74^ (n - 1)

    When n = 100,

    T100 = 93.13 * 1.74^ (100 - 1)

    T100 = 93.13 * 1.74^99

    T100 = 6521.92 * 10^20
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