The equation =y8000(1.09)x describes the amount of an investment (in dollars) based on the number of years it's been allowed to grow. (a) Identify what the equation  =y8000(1.09)x illustrates. Quadratic growth, linear decay. linear growth, quadratic decay, expotential growth, or expotential decay

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter10: Exponential And Logarithmic Functions
Section10.5: Solve Exponential And Logarithmic Equations
Problem 10.87TI: Researchers recorded that a certain bacteria population grew from 100 to 500 in 6 hours. At this...
icon
Related questions
icon
Concept explainers
Question

The equation =y8000(1.09)x describes the amount of an investment (in dollars) based on the number of years it's been allowed to grow.

(a) Identify what the equation 

=y8000(1.09)x illustrates.

Quadratic growth, linear decay. linear growth, quadratic decay, expotential growth, or expotential decay

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Application of Integration
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, advanced-math and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9780998625720
Author:
Lynn Marecek
Publisher:
OpenStax College
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax
College Algebra
College Algebra
Algebra
ISBN:
9781337282291
Author:
Ron Larson
Publisher:
Cengage Learning
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Trigonometry (MindTap Course List)
Trigonometry (MindTap Course List)
Trigonometry
ISBN:
9781337278461
Author:
Ron Larson
Publisher:
Cengage Learning