Answer:
1.055 reveals that the function is growing exponentially at a rate of 5.5% every day
Step-by-step explanation:
1.055 is greater than 1. It represents growth
Growth rate is:
1 - 1.055 = 0.055 = 0.055 * 100 = 5.5%
Unit of t: weeks
Exponent: 7t
Reciprocal: 1/7
Time frame of rate: 1/7 of a week
Equivalent to: day
1.055 reveals that the function is growing exponentially at a rate of 5.5% every day