Question

Y= 7500 (1 + .03)^x

Answer 1

Here we want to analyze the given exponential equation. The answers are:

• initial value = 7500
• Rate of growth  = 1.03
• Percent of change  = 3%

General exponential equation:

The general exponential equation is just:

y = A*(r)^x

Where:

• A is the initial value
• r is the rate of growth or decay
• (r - 1)*100% gives the percent of change.

Now that we know the general form, we can look at our equation:

y = 7500*(1 + 0.03)^x

Using the above information, we can see that:

• initial value = 7500
• Rate of growth = 1 + 0.03 = 1.03
• Percent of change = (1.03 - 1)*100% = 3%

If you want to learn more about exponential equations, you can read:

brainly.com/question/11832081

Answer 2

Answer:

initial value = 7500

growth

percent of change = 3%