Question

An objects speed can be modeled with the equation s=24(1.06)^t where s represents its speed in miles per hour and t represents the amount of time that has passed in seconds. give an interpretation of the parameters 24 and 1.06 from the equation.

Answer 1

$s = 24(1.06)^{t}$

24 is the numerical coefficient 

1.06 is the base of the power with exponent t