Exponential Function Word Problem 1
This video explains how to solve an exponential function word problem in which the given function is written in general exponential form, f(x)=a(b)^x.
Problem:
The following exponential function, 𝑓(𝑡), depicts the number of restaurants in t years since 2000. How many years will it take for the number of restaurants to triple? (Round to the nearest hundredth.)
𝑓(𝑡)=2(1.33)^𝑡