A quantity with an initial value of 920 decays exponentially at a rate of \( 85 \% \) every week. What is the value of the quantity after 21 days, to the nearest hundredth?
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The Deep Dive
To find the value of the quantity after 21 days, we first need to determine the decay formula. The formula for exponential decay can be expressed as: \[ N(t) = N_0 \cdot e^{-kt} \] In this case, we know \( N_0 = 920 \) and the decay rate is \( 85\% \), meaning that \( k = 0.85 \) per week. As there are 7 days in a week, the decay rate for one day can be converted as follows: \[ k_{\text{daily}} = \frac{0.85}{7} \approx 0.1214 \] Now, 21 days is equivalent to 3 weeks, hence we can plug in the values into the decay formula. After 21 days: \[ N(21) = 920 \cdot e^{-0.1214 \cdot 21} \] Calculating this: 1. First, calculate \( k \cdot t = 0.1214 \cdot 21 \approx 2.5506 \). 2. Then use \( e^{-2.5506} \) which is approximately \( 0.0789 \). 3. Now, compute \( 920 \cdot 0.0789 \approx 72.9 \). Rounding to the nearest hundredth, the value of the quantity after 21 days is approximately **72.90**. Feel free to ask if you'd like further clarification or to explore related concepts!
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