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Drew estimates the cost of the renovation is 80,000 but eventually increases this amount by 20%. Does this describe a linear or exponential function?

Drew estimates the cost of the renovation is 80000 but eventually increases this amount by 20 Does this describe a linear or exponential function class=

Respuesta :

The function that can be written given the information about the estimate that Drew got is the following:

[tex]f(t)=80,000(1+0.20)^t[/tex]

which clearly is an exponential function

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