The value of y varies exponentially with respect to x and the 1-unit growth factor is 1.7. Which of the following is the best explanation for the meaning of this growth factor?
Whenever x changes by 1, the value of y becomes 1.7 units larger than its previous value.
Whenever x changes by 1, the value of y becomes 11.7 times as large as its previous value.
Whenever x changes by 1.7, the value of y doubles its previous value.
Whenever x changes by 1.7, the value of y becomes 1 unit larger than its previous value.
Whenever x changes by 1, the value of y becomes 1.7 times as large as its previous value
