Question

What will go Inside the boxes?

Answer 1

Answer:

18500 is the initial value

Every year they increase by a factor of 1.03

Step-by-step explanation:

This is written in the form

y = ab^x  where a is the initial value and b is the growth rate/decrease

y = (18500) (1.03)^t

The initial value is 18500

The students will increase by 1.03 - 1 = .03

The factor of increase is what they multiply by which is 1.03