Question

Suppose the amount of money in a bank account with an initial balance of $25,000 earns 1.5 percent interest per year. If the exponential function, y=A*B^X , is used to model this situation, which value would represent B in the function?

Answer 1

Sorry I have so many questions. I'm taking an exam and I really want to get a good grade. I suck at math.

Answer 2

1.015 = B
1 for the original
0.15 for the interest

Answer 3

No direct answers!

Answer 4

Man you are a life saver. Do you think you could help me with another problem? And not give me the answer.

Answer 5

Read the "Terms and Conditions" and "Code of Conduct"

Answer 6

ok

Answer 7

^^ That was for @peachpi

Answer 8

@peachpi

Answer 9

Well can someone help please?

Answer 10

@Kash_TheSmartGuy it's kind of hard not to give a direct answer to that question. There's nothing to work out

Answer 11

Well, you can give them the formula or explanation of how you got the answer! Don't just give away answers!

Answer 12

what are you talking about? The question is asking him to pick out a number for use in a formula. And I gave a perfectly good explanation of how to do it

Answer 13

So can someone help please?

Answer 14

what's the question?

Answer 15

well its 2 actually

Answer 16

ok

Answer 17

ok so first question:
Which exponential function is best represented by this table?

x f(x)
0 2
1 6
2 18
3 54

answers:
f(x)=3(2)^x

f(x)=2(3)^x

f(x)=3(1/2)^x

f(x)=2(1/3)^x