A new bank customer with $4000 wants to open a money market account the bank is offering a simple interest rate of 1.5% how much
1 answer:
You might be interested in
Answer:
The correct option is C. The function is a stretch of an exponential decay function.
Step-by-step explanation:
The general form of an exponential function is
where, a is the initial value and b is the growth factor.
If b<1, then it represents a decay function and if b>1, then it represents a growth function.
Let k be a stretch and compression factor.
If k<1, then it represents vertical compression and if k>1, then it represents vertical stretch.
In third function
Therefore the function is a stretch of an exponential decay function.