Instructions: Create the equation of the form y a(b) for the exponential function described in each real-world problem. Then, use the equation to answer the question. Writing Exponential Functions Aubree's parents invested $500 into a mutual fund that paid 6.5% interest each year compounded annually when she was born. Find the value of the mutual fund in 18 years. y = What number will you fill in for a to solve the equation? y = $

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Instructions: Create the equation of the form y a(b) for the exponential function
described in each real-world problem. Then, use the equation to answer the question.
Aubree's parents invested $500 into a mutual fund that paid 6.5% interest each year
compounded annually when she was born. Find the value of the mutual fund in 18
years.
Writing Exponential Functions
y =
y = $
1) 2
What number will you fill in for a to solve the equation?
Transcribed Image Text:a Instructions: Create the equation of the form y a(b) for the exponential function described in each real-world problem. Then, use the equation to answer the question. Aubree's parents invested $500 into a mutual fund that paid 6.5% interest each year compounded annually when she was born. Find the value of the mutual fund in 18 years. Writing Exponential Functions y = y = $ 1) 2 What number will you fill in for a to solve the equation?
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