You decide to invest $250 in an account that yields a return of approximately 4% each year. If you were to write an exponential equation representing the situation, what would the initial value be?

You decide to invest $250 in an account that yields a return of approximately 4% each year. Then, the initial value would be 10 doller return each year.

What are exponential functions?

When the expression of function is such that it involves the input to be present as exponent (power) of some constant, then such function is called exponential function.

There usual form is specified below. They are written in several such equivalent forms.

For example, [tex]y^{x}[/tex], where a is a constant is an exponential function.

You decide to invest $250 in an account that yields a return of approximately 4% each year.

If you were to write an exponential equation representing the situation,

= 250 x 0.04

= 10

Then, the initial value would be 10 doller return each year.

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