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9 October, 04:54

You are depositing 5000 dollars into the bank with an interest rate at 9% for x years.

Write an exponential growth function.

Iam thinking f (x) = 5,000 (1.09) ^x

Correct or no?

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Answers (1)
  1. 9 October, 05:04
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    Yes, that is correct.
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