Asked by Anonymous
Leticia invests $200 at 5% interest. If y represents the amount of money after x time periods, which describes the graph of the exponential function relating time and money?
Answers
Answered by
oobleck
assuming 5% per time period, that would be
y = 200 * 1.05^x
y = 200 * 1.05^x
Answered by
mathhelper
Don't know what kind of graph you see,
but the correct one, should have the following points on it
(0,200) , (1,210) , (2, 220.5) , .... , (5, 255.26)
look for something like that
but the correct one, should have the following points on it
(0,200) , (1,210) , (2, 220.5) , .... , (5, 255.26)
look for something like that
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