Given:
The function is:
![f(x)=2.9646(1.0170)^x](https://img.qammunity.org/2022/formulas/mathematics/high-school/s2iiojcli6jfqgm6c2a4ter1xd8j1bcybj.png)
To find:
Rewrite the exponential equation given above using base e.
Solution:
The exponential models is:
...(i)
Where P is initial values, r is the rate of interest and x is the time period.
The exponential models using base e is:
...(ii)
Where, P is initial values, r is the rate of interest and t is the time period.
The given function is:
![f(x)=2.9646(1.0170)^x](https://img.qammunity.org/2022/formulas/mathematics/high-school/s2iiojcli6jfqgm6c2a4ter1xd8j1bcybj.png)
It can be written as:
...(iii)
On comparing (i) and (iii), we get
![P=2.9646](https://img.qammunity.org/2022/formulas/mathematics/high-school/vszpkwgsywcxhbfwnrvrrxpmj5j6jxl7qa.png)
![r=0.0170](https://img.qammunity.org/2022/formulas/mathematics/high-school/t3bhkq4b0s2gz9cdy8nr8429u1ra4a3jrf.png)
Putting
and
in (ii), we get
![f(t)=2.9646e^(0.0170t)](https://img.qammunity.org/2022/formulas/mathematics/high-school/81q1i0s46vfcsk2a1qlv1ojqucciap5g1c.png)
Therefore, the correct option is D.