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The projected value of an investment is modeled by the exponential function V(t) = 30,000(1.125) where V(t) is the total value
after t years. What does 1.125 represent in the function?
The growth factor of the investment
The initial value of the investment
The projected value of the investment
D)
The value of the investment after t years:

Respuesta :

Answer:s xa

Step-by-step explanation:

sxas

    Exponential function is given by [tex]A(t)=A_0(1+r)^t[/tex].

Option (1) will be the correct option.

An exponential function given in the form of [tex]A(t)=A_0(1+r)^t[/tex]represents the growth/decay function.

Here, [tex]A(t)=[/tex] Final value

[tex]A_0=[/tex] Initial value

[tex]t=[/tex] Duration or time

[tex]r=[/tex] Rate of growth or decay

(1 + r) = Growth factor

By comparing this function with the exponential function given for the investment,

[tex]V(t)=30000(1.125)^t[/tex]

[tex](1+r)=(1+0.125)[/tex]

Therefore, 1.125 is the growth factor of the investment.

Learn more about the growth factor,

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