The exponential function is given by . The initial investment of $50,000 grows at a rate of about 15% annually.
<h3>What is an equation?</h3>
An equation is an expression that shows the relationship between two or more numbers and variables.
An exponential function is in the form:
y = abˣ
Where a is the initial value and b is the rate of increase per period.
Let I(t) represent Jennifer’s investment account balance after t years, hence:
a = 50000, b = 100% + 15% = 115% = 1.15
The exponential function is given by . The initial investment of $50,000 grows at a rate of about 15% annually.
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Answer:
y=9x+4
Step-by-step explanation:
9 is the slope and 4 is the y-intercept, or the "b"
I think it is<span> quadratic</span>
3,375 is the answer................
You are solving for x here. To solve for x you need to isolate it onto one side of the equation. First multiply -4 into (-6x - 3) to get 24x + 12. Now that you have a simplified equation on both sides, subtract 12 from both sides to get 24x = 0. Because anything multiplied by 0 equals 0, x = 0.