Answer:
$25,193.17
Explanation:
Given:
• Principal Felipe borrowed, P=$8000
,
• Annual Interest Rate, r=16.5%=0.165
,
• Compounding Period, k=12 (Monthly)
,
• Time, t=7 years
We want to determine how much he will owe after 7 years.
In order to carry out this calculation, use the compound interest formula below:

Substitute the values defined above:

Finally, simplify and round to the nearest cent.

After 7 years, Felipe will owe $25,193.17.
Answer:
a. exponential growth
Step-by-step explanation:
the equation is y = 120000(1.03)^x
f(x)=a(1+r)^{x}
Answer:
2
Step-by-step explanation:
You would replace the x with -2x so you would end up with -2×-2 and that is 4 then minus 2 is 2.
no they are different
if Base are equal power are added
like wise in first expressions power are added
but in second expressions cube of three is written as x to the power.
so they are not equal