Given the exponential growth function y = 89(1.05)* What is the initial value of the function? What is the growth factor, or growth rate of the function?

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter10: Exponential And Logarithmic Functions
Section10.2: Evaluate And Graph Exponential Functions
Problem 125E: What happens to an exponential function as the values of x decreases? Will the graph ever cross the...
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Given the exponential growth function y = 89(1.05)*
What is the initial value of the function?
What is the growth factor, or growth rate of the function?
Transcribed Image Text:Given the exponential growth function y = 89(1.05)* What is the initial value of the function? What is the growth factor, or growth rate of the function?
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