Respuesta :
Using exponential function concepts, it is found that the constant 1.0015 reveals that the quantity increases by 0.15% each decade.
What is an exponential function?
An increasing exponential function is modeled by:
[tex]A(t) = A(0)(1 - r)^t[/tex]
In which:
- A(0) is the initial value.
- r is the growth rate, as a decimal.
In this problem, the function is:
[tex]f(t) = 9900(1.0015)^{10t}[/tex]
In which t is the time in decades.
The growth rate is r = 0.0015, as [tex]1 + r = 1.0015 \rightarrow r = 0.0015[/tex], hence the constant 1.0015 reveals that the quantity increases by 0.15% each decade.
You can learn more about exponential function concepts at https://brainly.com/question/25537936
