Question

The number of members of an online community increases each month. Thefunction M0) = N(1 + i)represents the number of members at month t, whereNis the initial number of members and ris the rate of increase. Select thecorrect statement.A. The value of Mis a product of Nand a factor that does not dependon NB. Nincreases each month.C. The function is linear.D. The initial value is (1 + r).SUBMIT

Answer 1

For the equation:

`M(t)=N(1+r)^t`

A) The value of M depends on N. therefore A is false.

B) N is constant because it is the initial number of members. so B is also false

C) The function is not linear, it is an eexponential function, that increases with time. C is also false.

D) The intial value, i.e., when t=0, is N and it is not (1+r). Therefore, D is false.