Problem 52 of 7
Interpret the base 1.12 in the exponential model f(x)=300(1.12)^x.
Hints
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translate factor to percent increase/decrease.
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Base must be positive and not equal to 1.
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Solution
Walkthrough
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1. Compare the base to 1.
2. If base is greater than 1, subtract 1 to find percent increase.
3. If base is between 0 and 1, subtract from 1 to find percent decrease.
Use the worked steps, then substitute the final answer back into the original relationship to confirm it satisfies the prompt.
Saying base is the amount added each interval.