Thread: Having trouble with continuous growth rate and growth rate

I am having dificulties solving the following problem:

Q=2e^(1-3t/4) give the starting value a, the growth rate r and the continuous growth rate k.

I've tried to solve this problem several ways and I kept getting stuck.
Please lend a hand if you can -- thanks.

To find the starting value make t=0.

Originally Posted by strngFan

Q=2e^(1-3t/4) give the starting value a, the growth rate r and the continuous growth rate k.

How does your book distinguish between the "growth rate" and the "continuous growth rate"? Is the latter the value in the exponent, and the former the annualized value?

Originally Posted by strngFan

I've tried to solve this problem several ways....

Please include your work so far, so we can "see" where you're having trouble. Thank you!