Answer:
Exponential form: y = x^½
Step-by-step explanation:
Given
Required:
The exponential form
To convert to an exponential function, we have to take exponents of both sides using the base of the logarithm function.
This gives us
Since the base of the exponential function and the logarithm is the same (x), they'll cancel out one another
This leaves us with
Hence, the exponential form of the expression
is
SOLUTION
Given the question in the question tab, the following are the solution steps to answer the question.
STEP 1: Write the formula for calculating compound amount
where
A = final compounded amount
P = initial principal balance
r = interest rate
n = number of times interest applied per time period
t = number of time periods elapsed
STEP 2: Write the given data
Semiannually means that n will be 2
STEP 3: Calculate the compound amount
Hence, the compounded amount after 4 years is $18,748.1972
