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An initial amount of 250 grows at a rate of 10% every year. Write an exponential equation for the amount y after x years.

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  1. 31 July, 07:50
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    y = 250 (1.1) ^x.

    Step-by-step explanation:

    Next year's amount = the present amount * 1.10.

    y = 250 (1.1) ^x.
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