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anonymous

  • one year ago

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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  1. anonymous
    • one year ago
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    hello hamza

  2. anonymous
    • one year ago
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    can you guess what the first step would be?

  3. SolomonZelman
    • one year ago
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    Okay, I will assume you understand the first function. Do you know what the second function means

  4. SolomonZelman
    • one year ago
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    ?

  5. anonymous
    • one year ago
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    no

  6. anonymous
    • one year ago
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    that is the question bascially

  7. thefurball
    • one year ago
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    The equation for exponential growth is\[y = initial(1 + rate)^{time}\]Maybe that will help you understand a bit better

  8. anonymous
    • one year ago
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    does the new function means that it used exponential growth

  9. anonymous
    • one year ago
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    yes

  10. anonymous
    • one year ago
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    ok is that the answer

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