Question

NEED HELP PLEASE!! WILL GIVE MEDAL!!
The function f(x) = (1.010979)12x models the monthly interest that a bank offers to Dan after x years. Dan converts the function to have x isolated in the exponent. What is the approximate rate of growth?

1%

8%

12%

14%

Answer 1

@mondona @Sunshine447 @geekfromthefutur

Answer 2

@KlOwNlOvE

Answer 3

do 1.010979 × itself 12 times

Answer 4

I got 1,14000200333 @KlOwNlOvE

Answer 5

I mean 1.14000200333 @KlOwNlOvE

Answer 6

its to the 12th power right?

Answer 7

Yeah, thats right

Answer 8

hmm

Answer 9

idk what to do!!

Answer 10

I think I should replace 1.010979 with another number for the years?

Answer 11

no we did it right what i would do is say 14% because of the .14

Answer 12

okay thanks!!!!!