Question

PLZ HELP ASAP ANSWER ALL FOR BRAINLEST ANSWER!!

Answer 1

Answer:

....

Step-by-step explanation:

1. The initial price can be given when t=0 :

$initial \ price = p(0) = 600 (1.056)^0 =600$

So the initial price is $ 600

2. It is clearly a growth as the p(t) is constant*(>1)^t so the value of p always increases.

3

.$\% \ change =\frac{ p(t+1) -p(t)}{p(t)}*100 = \frac{600(1.056)^{t+1} - 600(1.056)^{t}}{600(1.056)^t} *100 \\ = (1.056 -1)(100) = 5.6 \%$

So the % change is 5.6% growth