Question

The value of a painting can be predicted by the expression 120(1.08)t, where t is the number of years since 2014.

Answer 1

Answer:

1. the predicted value of the painting in 2014

Step-by-step explanation:

In the expression, 120 represents the initial value of the painting.

In expression $120(1.08)^t$, t is the number of years since 2014, and 120 represents the predicted value of the painting in 2014.

Exponential growth occurs if a quantity increases by the same factor over equal  intervals of time and if a quantity increases by the same factor over equal  intervals of time then it is said to be exponential decay.