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What format do we use for exponential growth? Write an exponential growth function for the following situation: You are depositing $5000 in the bank with an interest rate of 9% …

What format do we use for exponential growth? Write an exponential growth function for the following situation: You are depositing $5000 in the bank with an interest rate of 9% …
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What format do we use for exponential growth?

Write an exponential growth function for the following situation:
You are depositing $5000 in the bank with an interest rate of 9% for x years.

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User Rohitmishra
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1 Answer

5 votes

f(x) = 5000(1.09^x) This would be the equation for the exponential growth function.

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User Krasnerocalypse
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