Question

A function is shown below:
f(x) = (1.93)x

What does the function represent?
A.) Exponential growth of 7%
B.) Exponential decay of 7%
C.) Exponential growth of 93%
D.) Exponential decay of 93%

Answer 1

P=Po( 1+R)^(T/K)
Inside the brisket 1+R=1.93
So is growth of 0.93, 93%
choose C

Answer 2

thank you!(:

Answer 3

glad to help, have fun studying:)