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

Step-by-step explanation:

The growth rate of the coin is exponential. We would apply the formula for exponential growth which is expressed as

y = ab^x

y = b(1 + r)^ t

Where

y represents the value of the coin after x months.

x represents the number of months.

a represents the initial value of the coin.

b represents rate of growth.

From the information given,

a = 243

b = 1 + 15/100 = 1 + 0.15 = 1.15

Therefore, the exponential expression to determine the number of months, x it will take for the coin to attain a certain value, y is expressed as

y = 243(1.15)^x

If y = 1000, it means that

1000 = 243(1.15)^x

1000/243 = 1.15^x

4.115 = 1.15^x

Taking log of both sides, it becomes

log 4.115 = xlog1.15

0.614 = 0.061x

x = 0.614/0.061

x = 10 months

It will take 10 months

asdsaddsa

step-by-step explanation:

the multiples of 15 are 15, 30,45, 60, 75, 90, 105, 120, 135, 150, 165, 180, 195,   210, 225, 240, 255, 270, 285, 300, 315, 330, 345, 360, 375,   390, 405, 420, 435, 450, 465, 480, 495, 510, 525, 540, 555, 570, 585, 600, 615, 630, 645, 660, 675, 690, 705, 720, and 735.

the factors of 15 are 1, 3, 5, and 15.

hope that , fam!

-une, your fren : )