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1 vote
The number of members in the biking club was 32 in 2000 and has increased by 15% each year. Which model shows the club's membership in terms of t, the number of years since 2000?

User Artorias
by
6.9k points

1 Answer

3 votes

solution;

Applying compound interest formula;


p(1+R\%)^n
\begin{gathered} 32(1+15\%)^t \\ 32(1.15)^t \end{gathered}

User Vince Varga
by
6.2k points
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