Mathematics, 22.10.2020 16:01 jeanine239
The balance owed on your credit card triples from $700 to $2100 in 12 months. If the balance is growing linearly then it would take 45.4 months to reach $6000. If, on the other hand, the balance is growing exponentially, f(x)=700(1+0.096)x where x represents the number of months, what would the balance be after 45.4 months? Round your answer to the nearest cent.
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The balance owed on your credit card triples from $700 to $2100 in 12 months. If the balance is grow...
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