In the equation y=2(3)^x what does the 2 represent? What does the 3 represent?

asked Dec 8, 2023 49.3k views

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6 votes

Answer:

This is an exponential function equation.

Therefore,

The 2 represents: Original amount (Y-intercept)

The 3 represents: Growth factor or (1+r)

Ageonix answered Dec 13, 2023

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