Question

Given the exponential growth function f ( x ) = 75 ( 1.02 ) x f ( x ) = 75 ( 1.02 ) x What is the initial value of the function? What is the growth factor, or growth rate of the function (as a percent)? %

Answer 1

Explanation:

The initial vale is when x = 0

- That is 75,

The growth factor is 2%.