The function f(x) = 396(3)x represents the growth of a dragonfly population every year in a remote swamp. Pierre wants to manipulate the formula to an equivalent form that calculates every month, not every year. Which function is correct for Pierre's purposes? I don't get it, please help?
ok gimme a sec
This problem just might make more sense if you'd express the exponentiation properly. Correct: f(x) = 396(3)^x Use " ^ " to indicate exponentiation. Incorrect: f(x) = 396(3)x
Sorry ;(
I'll demonstrate a parallel (comparable) situation: \[A=P(1+r)^t\]
Since its by month would I divide the whole equation by 12?
is the formula used to calculate the Amount of $ that you will have after t years. If you're interested in monthly compounding, then the appropriate formula is\[A=P(1+\frac{ r }{ n })^{nt}\]
where n is the number of times per year that interest is paid (compounded). So yes, you're on the right track.
would we use the second formula then?
As explained, the 2nd formula was meant to be an example. It's a modification of the first formula for Amount. Can you modify f(x) = 396(3)^x to reflect monthly (rather than annual) increases?
i figured it out
want to help me with some others?
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