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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
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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anonymous
 one year ago
Best ResponseYou've already chosen the best response.0can you guess what the first step would be?

SolomonZelman
 one year ago
Best ResponseYou've already chosen the best response.0Okay, I will assume you understand the first function. Do you know what the second function means

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0that is the question bascially

thefurball
 one year ago
Best ResponseYou've already chosen the best response.0The equation for exponential growth is\[y = initial(1 + rate)^{time}\]Maybe that will help you understand a bit better

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0does the new function means that it used exponential growth

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0ok is that the answer
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