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15 January, 15:21

What format do we use for exponential growth?

Write an exponential growth function for the following situation:

You are depositing $5000 in the bank with an interest rate of 9% for x years.

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  1. 15 January, 15:29
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    f (x) = 5000 (1.09^x) This would be the equation for the exponential growth function.
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