ume the balance is growing according to the exp variable x represents the total number of month ce would be after 45.4 months, so substitute 45 623.88 f(x) ƒ(45.4) = = 700(1.122)* 700(1.122) 45.4 ≈130,248.80

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter4: Exponential Functions
Section4.2: Constant Percentage Change
Problem 23SBE
icon
Related questions
Question
nswer to the nearest cent.
sume the balance is growing according to the exp
e variable x represents the total number of month
nce would be after 45.4 months, so substitute 45.
623,88
f(x)
ƒ(45.4)
=
700(1.122)*
700(1.122) 45.4
~130,248.80
would be $130,248.80. Notice that your answer is
ntial growth occurs at a much faster rate than line
How₂1
и
Finish
answer
Transcribed Image Text:nswer to the nearest cent. sume the balance is growing according to the exp e variable x represents the total number of month nce would be after 45.4 months, so substitute 45. 623,88 f(x) ƒ(45.4) = 700(1.122)* 700(1.122) 45.4 ~130,248.80 would be $130,248.80. Notice that your answer is ntial growth occurs at a much faster rate than line How₂1 и Finish answer
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Recommended textbooks for you
Functions and Change: A Modeling Approach to Coll…
Functions and Change: A Modeling Approach to Coll…
Algebra
ISBN:
9781337111348
Author:
Bruce Crauder, Benny Evans, Alan Noell
Publisher:
Cengage Learning
Mathematics For Machine Technology
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage