Answer:
[tex]f(x)=2(1.17)^{7x}[/tex] and growth rate is 17%.
Step-by-step explanation:
The general exponential growth function is
[tex]g(x)=a(1+r)^x[/tex] ...... (1)
where, a is initial value, r is growth rate and x is time.
The given function is
[tex]f(x)=2(3)^{x}[/tex]
Rose wants to manipulate the formula to an equivalent form that calculates seven times a year, not just once a year.
Using the properties of exponents the given function can be written as
[tex]f(x)=2(3^{\frac{1}{7}})^{7x}[/tex]
[tex]f(x)=2(1.17)^{7x}[/tex]
It can be rewritten as
[tex]f(x)=2(1+0.17)^{7x}[/tex] .... (2)
On comparing (1) and (2) we get
r=0.17
Therefore, the required function is [tex]f(x)=2(1.17)^{7x}[/tex] and growth rate is 17%.