Question

Y=100(1.25)a. What is the initial value? b. What is the growth factor?

Answer 1

We have the following:

$\begin{gathered} Y=100\cdot1.25 \\ \end{gathered}$

a. What is the initial value?

$Y=100\cdot1.25=125$

the initial value is 125

b. What is the growth factor?

the growth factor is 1.25