Question

Find the exponential function that satisfies the given conditions:
Initial value = 34, increasing at a rate of 7% per year

Answer 1

Welcome to QuestionCove!!! Do we write the equation or are the answer choices?

Answer 2

Initial value = 34, increasing at a rate of 7% per year (5 points)


f(t) = 34 ⋅ 1.07t

f(t) = 7 ⋅ 1.07t

f(t) = 34 ⋅ 7t

f(t) = 34 ⋅ 0.07t

Answer 3

Mk, welp anyways since you have an increasing function, we are gonna use 1+r for the inside of our parentheses of a*(b)^x
now a is going to be our initial amount (34))
b, since we have an increase is 1+r
and x, we don't know because it doesn't say

now we must make the 7% a decimal, and as a decimal it is 1.07

now, we can get rid of C and D. And then, what is 1+0.07?

Answer 4

1.07

Answer 5

Since the initial amount is 34, it should replace a in:
\[a(b)^x\]

and yes, 1.07.
so, which equation matches, A or B?

Answer 6

A

Answer 7

mhm. Make sense?

Answer 8

Yes thank you