Help with exponential problem.
I could use some help understanding these problems and setting up the equation using the formulas.
problem:
A single-celled amoeba doubles every 4 days. How long would it take one amoeba to produce a population of about 10,000 amoebae?
I am a little confused about which formula to use.
FV= R ((1+i)^n)-1/i
or A=R(1+r)^n
or A=R(1+r/k)^kt
I thought to use the third one, making the equation A=10,000(1+2/4)4t then solve from there.
Is that formula correct or even the right way to set up that formula?
thanks a lot.