Calculus Examples

$y = 7500 {(1 + 0.03)}^{x}$

Step 1

The input $7500 {(1 + 0.03)}^{x}$ matches the formula for the exponential growth.

$a {(1 + r)}^{t}$

Step 2

Multiply $r = 0.03$ by $100$ to get the growth percentage.

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Step 2.1

Multiply $0.03$ by $100$ to convert to a percentage.

$0.03 \cdot 100$

Step 2.2

Simplify $0.03 \cdot 100$ .

$3 %$