Answer:
Exponential functions are often used to represent real-world applications, such as bacterial growth/decay, population growth/decline, and compound interest
Answer:
Step-by-step explanation:
1. after 7 hours, you watch 1 movie
2. after 0 hours, youve watched 0 movies
3. after 14 hours, you have watched 2 movies
Slope: rise/run
5 up and 2 left
Solution: the slope is 5/2
FV value of the amount using future value annuity will be:
FV=P[(1+r)^n-1]/r
FV=2460[(1+0.01175)^18-1]/(0.01175)
FV=48,992.23
The present value of this amount will be:
PV=pe^(-rt)
PV=48992.23e^(-0.0235*9)
PV=39,652.81