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Solution Growing linearly, the balance owed on your credit card triples from $600 to $1800 in 12 months. If t balance were growing according to the exponential function f(x) = 600(1+0.096) where x repre the number of months, what would the balance be after 12 months? Round your answer to the near tuplex 3 In order to solve this problem, we assume the balance is growing according to the exponential functi f(x) = 600(1+0.096), where the variablex represents the total number of months. Here we are interested in knowing what the balance would be after 12 months, so substitute 12 for x. f(x) = 600(1.096) f(12) = 600(1.096) 12 1802.51 F6574 72 So the balance after 12 months would be $1802.51. Notice that your answer is close to $1800. This that over a short period of time, exponential growth can yield approximately the same results as line growth. However, unlike linear growth, exponential growth is not constant because each month's gr proportional to the previous month's growth. get = 54.8

Solution Growing linearly, the balance owed on your credit card triples from $600 to $1800 in 12 months. If t balance were growing according to the exponential function f(x) = 600(1+0.096) where x repre the number of months, what would the balance be after 12 months? Round your answer to the near tuplex 3 In order to solve this problem, we assume the balance is growing according to the exponential functi f(x) = 600(1+0.096), where the variablex represents the total number of months. Here we are interested in knowing what the balance would be after 12 months, so substitute 12 for x. f(x) = 600(1.096) f(12) = 600(1.096) 12 1802.51 F6574 72 So the balance after 12 months would be $1802.51. Notice that your answer is close to $1800. This that over a short period of time, exponential growth can yield approximately the same results as line growth. However, unlike linear growth, exponential growth is not constant because each month's gr proportional to the previous month's growth. get = 54.8

Intermediate Algebra
Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.55TI: Write the repeating decimal 0.4 as a fraction.
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1:02 1 < urn to Test Question 9, Step 1 of 1 Irene Jackson Solution Growing linearly, the balance owed on your credit card triples from $600 to $1800 in 12 months. If t balance were growing according to the exponential function f(x) = 600(1 + 0.096) where x repre the number of months, what would the balance be after 12 months? Round your answer to the near In order to solve this problem, we assume the balance is growing according to the exponential functi f(x) = 600(1+0.096), where the variable x represents the total number of months. Here we are interested in knowing what the balance would be after 12 months, so substitute 12 for x. Correct Answer: $1802.51 2 Hawkes Learning f(x) = 600(1.096)* f(12) = 600(1.096)12 1802.51 F6574 So the balance after 12 months would be $1802.51. Notice that your answer is close to $1800. This that over a short period of time, exponential growth can yield approximately the same results as line growth. However, unlike linear growth, exponential growth is not constant because each month's gre proportional to the previous month's growth. 72 ge How = 54.8 answer 600 1 + 0,096 = 12 600 (1.096) = 12 hawkeslearning.com/Portal/Test/TestReview Test ☛ Like Home 8885 Friends 600 x1 ܘ Comment IRENE Watch Notifications Stutzp Share ||| Menu
Transcribed Image Text:1:02 1 < urn to Test Question 9, Step 1 of 1 Irene Jackson Solution Growing linearly, the balance owed on your credit card triples from $600 to $1800 in 12 months. If t balance were growing according to the exponential function f(x) = 600(1 + 0.096) where x repre the number of months, what would the balance be after 12 months? Round your answer to the near In order to solve this problem, we assume the balance is growing according to the exponential functi f(x) = 600(1+0.096), where the variable x represents the total number of months. Here we are interested in knowing what the balance would be after 12 months, so substitute 12 for x. Correct Answer: $1802.51 2 Hawkes Learning f(x) = 600(1.096)* f(12) = 600(1.096)12 1802.51 F6574 So the balance after 12 months would be $1802.51. Notice that your answer is close to $1800. This that over a short period of time, exponential growth can yield approximately the same results as line growth. However, unlike linear growth, exponential growth is not constant because each month's gre proportional to the previous month's growth. 72 ge How = 54.8 answer 600 1 + 0,096 = 12 600 (1.096) = 12 hawkeslearning.com/Portal/Test/TestReview Test ☛ Like Home 8885 Friends 600 x1 ܘ Comment IRENE Watch Notifications Stutzp Share ||| Menu
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