The equation =y8000(1.09)^x describes the amount of an investment (in

blitzbabeiy 2022-01-31 Answered
The equation =y8000(1.09)x describes the amount of an investment (in dollars) based on the number of years its
You can still ask an expert for help

Want to know more about Exponential growth and decay?

Expert Community at Your Service

  • Live experts 24/7
  • Questions are typically answered in as fast as 30 minutes
  • Personalized clear answers
Learn more

Solve your problem for the price of one coffee

  • Available 24/7
  • Math expert for every subject
  • Pay only if we can solve it
Ask Question

Expert Answer

Anabelle Miller
Answered 2022-02-01 Author has 12 answers
We have the given equation is y=8000(1.9)x
After seeing the equation it is clear that it is neither quadratic growth nor quadratic decay and it is also same for linear.
We also know that the exponential growth and decay is given by the formula
y=abx where a0, the base b1 and x is any real number.
Now, if b>1 then the function represents exponential growth and if 0<b<1 then function represents exponential decay.
Comparing the given function we get
a=8000 and b= 1.09>1
Therefore, we can say that the given equation is an exponential growth.
Not exactly what you’re looking for?
Ask My Question

Expert Community at Your Service

  • Live experts 24/7
  • Questions are typically answered in as fast as 30 minutes
  • Personalized clear answers
Learn more

New questions