The growth rate is 7.4% and the initial amount is 1500. The answer when t=5 is 2143.45.
Step-by-step explanation:
Assuming this is actually supposed to be written as 1500*(1.074)^t, then this equation follows the standard growth form y = A(1+r)^t where A represents the initial amount, r represents the rate as a decimal, and t represents time. This means that 1500 (A) would be the initial amount, and if you subtract 1 from what's inside the paratheses, you will get the r rate as a decimal. To get this as a percent, simply multiply it by 100, so you will get 7.4% as your growth rate.
To find what the answer would be when t = 5, just plug in 5 for the value of t in the equation.
The answer would be C because the first figure is half of every number on the second figure making it similar it’s not congruent because there not the same size