The money used in Saudi Arabia is called the Riyal. The exchange rate is 4 Riyals to $1. Find how many Riyals you would receive
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Using an exponential function, it is found that the approximate number of crimes in the year of 2016 was of 2502.
<h3>What is an exponential function?</h3>An increasing exponential function is modeled by:
In which:
- A(0) is the initial value.
- r is the growth rate, as a decimal.
In this problem, there were 550 crimes in the initial year observed, and the growth rate is of 6%, hence the parameters are A(0) = 550, r = 0.06, and the equation is given by:
2016 is 26 years after 1990, hence:
The approximate number of crimes in the year of 2016 was of 2502.
More can be learned about exponential functions at brainly.com/question/25537936