How much would $300 invested at 4% interest compounded monthly be
1 answer:
You might be interested in
Answer:
The right answer is neither
Step-by-step explanation:
I said because Exponential describes a very rapid increase. ... Exponential is also a mathematical term, meaning "involving an exponent." When you raise a number to the tenth power, for example, that's an exponential increase in that number. the part involves exponent is the y part same number multiple to it self to get the next answer while the x part one specific number to get the next number which is linear but since theyre asking about the relationship it’s neither because both were supposed to have the same relationship linea for x and y or exponential for x and y but they both are different.
