Let Y(t) be the exponential function then Y(t)=31*(1+.13)t where t=0,1,2,3.. is the year number. so at t=0 Y(0)=31.
Jim
Abigail H.
asked 05/15/19I need to find the exponential function that satisfies the given conditions.
Initial value = 31, increasing at a rate of 13% per year
Let Y(t) be the exponential function then Y(t)=31*(1+.13)t where t=0,1,2,3.. is the year number. so at t=0 Y(0)=31.
Jim
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