Question

Advanced Algebra with Financial Applications help? (:
Complete each part using complete sentences:

Part I: Describe compound interest.

Part II: Describe exponential growth.

Part III: Describe the relationship between compound interest and exponential growth.

I already know part 1, but I can't remember what part 2 is. And I need help with part 3 as well. (:

Answer 1

https://www.mathway.com/

Answer 2

I don't have an equation to work out, so the link isn't very helpful :l

Answer 3

I just need someone to explain Part 2 and Part 3 to me

Answer 4

well im going to become a moderator so i cant give direct answers but i will hint you the answer

Answer 5

part2
Exponential growth occurs when the growth rate of the value of a mathematical function is proportional to the function's current value.

Answer 6

Okay that's fine! I just need to understand it that's all

Answer 7

uh oh the mod is on i have to leave lol

Answer 8

Okay

Answer 9

okay bye

Answer 10

@Hero Do you think you could me out? (: