Question

Somebody please help im giving 20 points and a brainliest !

Answer 1

Answer:

y = 1500(1.079)^t

Step-by-step explanation:

Here, we want to write an exponential function

Mathematically, we have this generally as;

FV = IV( 1 + r)^t

where FV is future value which is y in this case

IV is the initial value which is 1,500 kn^2 in this case

r is the rate of change which is 7.9%

7.9/100 = 0.079

t is the time difference

so we have the equation as;

y = 1500(1 + 0.079)^t

y = 1500(1.079)^t