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Exponential Models
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The $2000 Question

Write the equations y = 83x and y = 7(1/2)2x-1 in standard exponential form. i.e. y=P0bx

hint 512x and 14(1/4)x

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Copyright Pindling@pindling.org 2001
























Clues
Pt =P0(e)kt = P0(1+r)t
(1+r) = ln k = ln(0.015), Find r
Pt =2000(1+r)t