3 Answered Questions for the topic Exponential Models
You deposit $1200 into an account that pays 6% annual interest, compounded continuous. Find the balance of the account after 3 years.
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You deposit $1200 into an account that pays 6% annual interest, compounded continuous. Write an exponential model that describes the situation and allows you to find the balance after t years.
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Exponential Models
05/29/18
The city has grown to 28000(1.04)t t is the number of years since 2000 what was the population in 2000
Population=28000(1.04)t
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