Question

Y=100(1.25)a. What is the initial value? b. What is the growth factor?

Answer 1

We have the following:

`\begin{gathered} Y=100\cdot1.25 \\ \end{gathered}`

a. What is the initial value?

`Y=100\cdot1.25=125`

the initial value is 125

b. What is the growth factor?

the growth factor is 1.25