asked 91.3k views
15 votes
The function f(t)=6500(1.85)^{365t}f(t)=6500(1.85)

365t represents the change in a quantity over t years. What does the constant 1.85 reveal about the rate of change of the quantity?

asked
User Arowell
by
7.3k points

1 Answer

12 votes

Answer:

The function is *growing* exponentially at a rate of *0.85%* every *year*

Explanation:

answered
User Kang Ming Chua
by
7.9k points
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