Suppose that f is an exponential function with percentage growth rate of 5% and that f(0)=4. Find a formula for f(x).

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SchepperJ · Accepted Answer

Use the exponential equation: f(x)=a(1+r)x where aa is the initial value and rr is the growth rate/decay. Given f(0)=4, then a=4. Since we are given a growth rate, then r=0.05: f(x)=4(1+0.05)x f(x)=4(1.05)x

Jeffrey Jordon · Accepted Answer

Answer is given below (on video)

Suppose that f is an exponential function with percentage growth rate of 5% and that...

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