Mathematics, 16.02.2021 17:10 blognero
A bank account with an initial deposit of $8,000 and an interest rate of 1% increases by 1% each year. The balance (B) as a function of time in years (t) can be described by an exponential function: B(t) = 8,000(1.01)t
What kind of transformation is represented by changing the initial balance to $4,000?
The transformation is a
(select)
.
Answers: 2
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