3. An online store that has been successfully growing on its initial angel investment and revenue wants to
invest $5 million to expand the business. The bank is willing to lend the business this money at a 10 percent
interest rate over an eight-year term. Calculate the monthly payment and
explain what the business must be able to do with this money in order for this to be a smart business decision.
(10 points)

Ascientist places 24 cells in a petri dish. she knows the cells grow at an exponential rate, doubling in number every hour. how long will it take (in hours) for there to be 1100 cells in the dish? time to 1100 cells: 5.51832530 hours how long will it take to reach 110 cells? time to 110 cells : 2.1963972 hours what is the average rate of change in the number of cells between 9 hours and 11 hours? average rate of change: cells per hour what is the instantaneous rate of change after 7 hours? instantaneous rate of change: cells per hour note: you can earn partial credit on this problem.