(X8.6.PS-12
1 answer:
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Hey there!
Consider the exponential growth equation:
, where:
P = initial amount
r = interest rate (as a decimal, divide a percentage by 100 to get its decimal form)
t = years
All you need to do is plug in your given numbers:
P = 120
r = 0.10
t = x
Your final equation will be:
Hope this helped you out! :-)
Consider the exponential growth equation:
P = initial amount
r = interest rate (as a decimal, divide a percentage by 100 to get its decimal form)
t = years
All you need to do is plug in your given numbers:
P = 120
r = 0.10
t = x
Your final equation will be:
Hope this helped you out! :-)