Respuesta :
Answer:
8,000^0.0625=5
Step-by-step explanation:
Lol I was doing my homework rn and I wasn't 100% sure of my answer so I looked it up on brainly. So an exponential equation should look like this e^a=b so with the three values $8,000 , 6.25% , and 5 years I kind of just mixed around the numbers a bit in the exponential equation till one worked. So yeah...
Answer:
f(t)=8000e^(0.0625)(5)
Step-by-step explanation:
exponential growth function is f(t)=Pe^(rt)
where P is starting value, or price
e is the e on you calculator
r is rate of increase, in this case 6.25/100 is 0.0625, which is the rate
t is the time given
Hope this helps, also had this on my math hw today lol :)
