IDNLearn.com is designed to help you find reliable answers to any question you have. Discover in-depth and reliable answers to all your questions from our knowledgeable community members who are always ready to assist.

What is a, the initial amount, for the function: f(x) = 300(1.16)*?


Sagot :

Answer:   300

====================================================

Explanation:

One general template of exponential functions is

f(x) = a*(b)^x

The 'a' is the initial amount, which in this case is a = 300

----------------------

Extra info:

The b is the base of the exponential, which is b = 1.16

The value of b is helpful to determine if you have exponential growth or decay, and how much of either. Because b = 1.16 is greater than 1, it indicates exponential growth. The rate of growth is found by solving 1+r = 1.16 to get r = 0.16, which leads to 16% growth.