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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asked Mar 27, 2019 94.3k views

3 votes

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.

Mathematics
high-school

Rohitmishra asked

by Rohitmishra

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

Krasnerocalypse answered Apr 1, 2019

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