Question 1067161
exponential function is y=ab^x
50000*(1+0.15)^t
The a value is 50,000, the constant which is multiplied by the interest function.
the b value is 1.15, the return of the money every year is 1.15 times the prior year.
After 10 years, it is 50,000*(1.15)^10=$202,277.89 assuming the rate is 15%, and "about" means 15%.