What Is the Value of the Function $f ( x ) = 125 e ^ { 0.8 x }$

question 258

Multiple Choice

What is the value of the function $f ( x ) = 125 e ^ { 0.8 x }$ at $x = 2.3$ ? Round to 3 decimal places.

• A)278.193
• B)127.226
• C)74.820
• D)787.067
• E)8647.887

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Definitions:

Compounded

The process by which an investment grows over time as earnings are reinvested to generate additional earnings, known as compound interest.

Interest Payment

The amount paid by a borrower to a lender as compensation for the use of borrowed money, often expressed as a percentage of the principal.

Interest Rate

The lending charge, expressed as a fraction of the original amount, that a borrower is assessed by a lender for asset use.

Annuity Due

A type of annuity payment where payments are made at the beginning of each period, as opposed to the end.