Question

Write an exponential growth or decay function to model each situation. initial value: 50, growth factor: 1.15

Exponential growth and decay
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asked 2021-02-21
Write an exponential growth or decay function to model each situation. initial value: 50, growth factor: 1.15

Answers (1)

2021-02-22
The exponential growth function for the given situation in which the growth factor is the sum of 1 and the growth rate: \(\displaystyle{50}{\left({1}+{0.15}\right)}^{{x}}\)
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