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A function with a positive constant other than 1 raised to a variable exponent is known as an exponential function. As a function is evaluated, it is solved at a given input value. Where the growth rate and initial value are known, an exponential formula can be used.
Sorry I dont know much about them but I hope this helps you!!
Are you supposed to solve for the equations?
The answer would be $24.55 per oz of gold alloy so rounded up would be $25