Determine whether function whose values are given in the table below could be linear or exponential.
x= 0 1 2 3 4
i(x)= 13 7.8 4.68 2.808 1.6848
Then, find a possible formula for this function.
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The function f(x)=ex is called the___________ Exponential function. The number eis approximately equal to________.
Repeat the previous exercise to find the formula forthe APY of an account that compounds daily. Usethe results from this and the previous exercise todevelop a function I(n)for the APY of any accountthat compounds n times per year.
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