elijah's credit card statement showed these items: Last Balance Payments Finance Rate New Charges $152.58 $45.00 1.5% $213.40 Wh
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For this case we have a function of the form:
Where,
A: initial amount
b: growth rate (for b> 1)
x: independent variable
y: dependent variable
We then have the following function:
Using the definition, the following statements are correct:
1) The function is exponential
2) The function increases by a factor of 2.5 for each unit increase in x
3) The domain of the function is all real numbers
Where,
A: initial amount
b: growth rate (for b> 1)
x: independent variable
y: dependent variable
We then have the following function:
Using the definition, the following statements are correct:
1) The function is exponential
2) The function increases by a factor of 2.5 for each unit increase in x
3) The domain of the function is all real numbers