Question

Write an exponential function and then find the value when t=7 initial value2000 annual rate:9.2%growth

Answer 1

Answer:

Step-by-step explanation:

Write an exponential function and then find the value when t=7 initial value2000 annual rate:9.2%growth

Exponential growth function

= y = a(1 + r)^t

Solving for y

y = 200(1 + 0.092)⁷