A bank account with an initial deposit of $6,000 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) = 6,000(1.01)t Which bank account balance grows faster, the one with 1% interest or one with an initial deposit of $6,000 earning 3% interest?

The bank account with
(select)
interest grows faster.

The number of members f(x) in a local swimming club increased by 30% every year over a period of x years. the function below shows the relationship between f(x) and x: f(x) = 10(1.3)xwhich of the following graphs best represents the function? graph of f of x equals 1.3 multiplied by 10 to the power of x graph of exponential function going up from left to right in quadrant 1 through the point 0, 0 and continuing towards infinity graph of f of x equals 10 multiplied by 1.3 to the power of x graph of f of x equals 1.3 to the power of x