Back to Interpret parameters in context — Problem 2 · Task Set 61

HSF.LE.B.5 Tutor Intake — Interpreting Linear and Exponential Parameters

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Grade 9·11 problems·~13 min·Common Core Math - HS Functions·group·hsf-le-b-5
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Concepts

1.

The function P(t)=500(1.06)tP(t) = 500 \cdot (1.06)^{t} models a town's population (in thousands) tt years after 2010.

Which statement correctly describes what 1.061.06 represents?