Answer:
Pierre is right
Step-by-step explanation:
The correct formula for Exponential growth rate is given as:
y = a( 1 + r) ^t
Where
y = Amount after time t
a = Initial amount
r = Growth rate
t = time
From the question
a = 300
r = 2% = 0.02
Hence, our exponential growth rate =
y = 300( 1 + 0.02)^t
y = 300( 1.02)^t
Therefore, Pierre is right
Answer:
y = 20x + 25
Step-by-step explanation:
y is the total
25 dollars to start plus the 20 dollars per month
The answer is 56.4 to the nearest tenth
Answer:
6^-1
Step-by-step explanation:
