Lorena deposited $2372 into an account that earns 4.5% interest which is compounded once a year. How much money will Lorena have
2 answers:
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Answer:
a = 8, b =
Step-by-step explanation:
Given the exponential function
f(x) = a
To find a and b use the given coordinate points on the graph
Using (0, 8 ), then
8 = a [
= 1 ] , then
a = 8
f(x) = 8
Using (2, 18 ) , then
18 = 8b² ( divide both sides by 8 )
= b² , that is
b² = ( take the square root of both sides )
b = =
Thus
f(x) = 8