Suppose that f is an exponential function with percentage growth rate of 5% and that f(0) = 5. Find a formula for f(x). f(x) =

Exponential growth and decay
asked 2020-11-23
Suppose that f is an exponential function with percentage growth rate of 5% and that
f(0) = 5.
Find a formula for
f(x) =

Answers (1)

Given that:
Suppose that f is an exponential function with the percentage growth rate of 5%
By using,
The exponential equation is
Where a is the initial value and r is the growth rate/decay rate
By using above form of the exponential equation,
Then we get
Growth rate=5%
To get,
Plug the values of r=0.05 and a=5 in the above exponential form.
To get,
To get,

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