The exponential function that approximates the amount of money in her account using a weekly growth rate is:
What is an exponential function?
An increasing exponential function is modeled by:
In which:
- A(0) is the initial value.
- r is the growth rate, as a decimal
In this problem, the yearly function is:
Considering that a year has 52 weeks, we have that:
0.06/52 = 0.001154
Hence:
More can be learned about exponential functions at brainly.com/question/25537936
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