Exponential functions are known to increase geometrically. An example of exponential function is p(x) = 500(1.02)^x
Exponential functions are known to increase geometrically. The standard exponential function is given as:
y = ab^x
a is the base
x is the exponent
From the given options, the function written in this form is
p(x) = 500(1.02)^x. Hence an example of exponential function is
p(x) = 500(1.02)^x
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