Adam put $100 in a savings account. After 10 years, he had $1649 in the
1 answer:
Step-by-step explanation:
hihi, so this is a classic interest rate problem. It's not too bad if you know your properties of e and ln. After establishing the base equation you can divide by 100 then take the natural log of both sides to "get rid" of the e and finally end it by dividing by 10 to isolate r.
You might be interested in
Answer:
A, C and F
Step-by-step explanation:
The given function is
It is an exponential function of the form
On comparing both the functions, we get
It means the initial value is 5 and growth factor is 3.
Since both values are positive it means the given functions is an exponential growth function, therefore,
1. The graph is increasing by a common ratio of 3.
2. As x increases, y increases.
3. As x decreases, y approaches 0.
Hence, the correct options are A, C and F.
