Each month, a shopkeeper spends 6x + 12 dollars on rent and electricity. If he spends 5x-2 dollars on rent, how much does he spe
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For this case we have a function of the form:
Where,
A: it is the initial amount
b: is the growth rate
x: is the number of years
Substituting values we have:
We have a growing exponential function because the value of b is greater than 1.
Answer:
See attached image.
Where,
A: it is the initial amount
b: is the growth rate
x: is the number of years
Substituting values we have:
We have a growing exponential function because the value of b is greater than 1.
Answer:
See attached image.