MEDAL!!!!!!!!!! Tommy has $350 of his graduation gift money saved at home, and the amount is modeled by the function h(x) = 350. He reads about a bank that has savings accounts that accrue interest according to the function s(x) = (1.04)^x − 1. After combining the two functions, his new function is g(x) = 350(1.04)^x − 1. Using complete sentences, explain what this new function means

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MEDAL!!!!!!!!!! Tommy has $350 of his graduation gift money saved at home, and the amount is modeled by the function h(x) = 350. He reads about a bank that has savings accounts that accrue interest according to the function s(x) = (1.04)^x − 1. After combining the two functions, his new function is g(x) = 350(1.04)^x − 1. Using complete sentences, explain what this new function means

Mathematics
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hello hamza
can you guess what the first step would be?
Okay, I will assume you understand the first function. Do you know what the second function means

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Other answers:

?
no
that is the question bascially
The equation for exponential growth is\[y = initial(1 + rate)^{time}\]Maybe that will help you understand a bit better
does the new function means that it used exponential growth
yes
ok is that the answer

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