Mathematics, 21.05.2020 16:57, jb141553

Bytecoin is a new cryptocurrency that is currently valued at $243 per coin. You want to make an investment and purchase 1 Bytecoin and cash out when its value reaches $1,000. Over the last 12 months, you ve seen the value of the Bytecoin grow exponentially at a rate of 15% per month! You want all of your friends and family to invest with you, but you need to make predictions about how long it will take for your $243 investment to earn $1,000. Write an exponential equation in the form y = a * b ^ x and explain what a and b represent

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Bytecoin is a new cryptocurrency that is currently valued at $243 per coin. You want to make an inve...