Question

Which of the following best describes Ao in the general formula for anexponential function, which is shown below?F(t) = Ap.b*tA. Growth rateO B. TimeO C. Initial amountO D. Growth factor

Answer 1

The exponential growth function is given by

y = a * b^t

a is the initial value

b is the growth factor

b = 1+r where r is the growth rate

t is the time

a is the initial amount or initial value