Answer:
3. Linear: f(x) = 1320(1.20)^2
Step-by-step explanation:
Exponential Growth Formula: f(x) = [tex]x_{0}[/tex] × (1 + r)^x
f(x) is the value at time t.
x0 is the initial value at time t=0.
x0 = 1320
r = 20% = 0.2
Solve:
f(x) = [tex]x_{0}[/tex] × (1 + r)^x
f(x) = 1320 × (1 + 0.2)^2
f(x) = 1320(1.2)^2
