Julia opened a new flower shop, and her daily sales are modeled by f(x) = 2(1.25)x. Determine the rate of growth.
2 answers:
Answer:
D. 25%
Step-by-step explanation:
Each day, Julia's sales are 1.25 times the previous day's sales. That is, 25% more than the day before. Julia's sales are increasing 25% per day.
ANSWER:
The correct answer is D.25%
STEP-BY-STEP EXPLANATION:
f(x) = 2 * (1.25)^x
This is in the form
y = a b^x
where b is 1 plus the growth rate
b = 1.25 = 1+growth rate
1.25 = 1 + growth rate
.25 = growth rate
25% = growth rate
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