The function f(x) = (1.008735)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?

11%

12%

13%

14%

Question

The function f(x) = (1.008735)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?

11%

12%

13%

14%

anonymous · Answer

I think A @KlOwNlOvE @campbell_st

anonymous · Answer

why do you say a?

anonymous · Answer

did i do this with you yesterday or someone else?

anonymous · Answer

umm its a different question

anonymous · Answer

ahh yes i see now

anonymous · Answer

https://www.google.com/search?q=scientific+calculator&oq=scienti&aqs=chrome.0.69i59j69i61l2j69i57j69i61j69i59.1294j0j7&sourceid=chrome&es_sm=93&ie=UTF-8 these questions need a scientific calculator or youll be there forever multiplying the same number

anonymous · Answer

and because when i multiplied  (1.008735) to the 12th power i got 1.11000536343

anonymous · Answer

yes thats what i got too :) ill agree with your answer

anonymous · Answer

thanks!!!

anonymous · Answer

you're welcome