Answer:
15 years
Step-by-step explanation:
93400=65000*e^(.025x)
x=14.5 which rounds to 15
Answer:
x = 64
Step-by-step explanation:
looking at the other sides, you find that each side had just been doubled.
If we have a common ratio every set amount of time (and not a common difference or addition), this is an exponential relationship. An exponential equation would have a form like Money = (1000)(2)^(# of months), where every additional month would cause the money amount to double.