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The function f(x) = 20(2)x represents the growth of a butterfly population every year in a remote swamp. Jan wants to manipulate the formula to an equivalent form that calculates five times a year, not just once a year. Which function is correct for Jan's purpose and what is the new growth rate?
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@amistre64
how do we convert 1 into 5? kx = 1 when x=5 .... what is k?
let me reread that ...
(1 + r/n)^(nt) is generally how we convert an annual rate to a monthly rate but thats not going to be 'equal'
yeah i'm not sure what you're asking
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