exponential function

Question

Obtain an exponential function in the form f(t) = Ae^rt.

 HINT [See Example 5.]

f(t) is the value after t years of a $7,000 investment earning 14% interest compounded continuously.

f(t) = ______

Answer 1

f(t) = Ae^rt, 14% = 0.14, A=7000

f(x) = 7000e^.14t