Given the exponential growth function f(x) = 78(1.0145)* What is the initial value of the function?

Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015
1st Edition
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:HOUGHTON MIFFLIN HARCOURT
Chapter6: Exponential Functions And Sequences
Section6.4: Exponential Growth And Decay
Problem 7E
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Given the exponential growth function f(x) = 78(1.0145)
What is the initial value of the function?
What is the growth factor, or growth rate of the function (as a percent)?
9%
Transcribed Image Text:Given the exponential growth function f(x) = 78(1.0145) What is the initial value of the function? What is the growth factor, or growth rate of the function (as a percent)? 9%
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