Y = a (b^x)
1) x = 0, y = 3500
=> 3500 = a (b^0)
=> 3500 = a (1)
=> a = 3500
2) growth percent = 3.5% => growth rate = 1.035 = b
=> y = 3500 (1.035)^ x
3) year 2020 => x = 2020 - 2000 = 20
4) y = 3500 (1.035)^ 20 = 6964
Answer: 6964.
The reason why the trails must be in quadrant 2 or 3 is because the coordinates start with a negative number. Quadrant 2= (-,+) and quadrant 3= (-,-)
Answer:
She needs the starting amount of money to create an equation.
Step-by-step explanation:
The formula that she can use when she has the starting amount or the y-intercept is this one: f(t)=P(1+b)^t.
t=time
b=percent
P=starting value
The formula with the information given is: f(6)=P(1+3.75)^6
Hope this helps!
If not, I am sorry.
Answer:
Step-by-step explanation: