8. A taxi charges $3, plus $.10 per mile.
1 answer:
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Answer: Multiplicative rate of change in housing costs, for summer term t years since Chinedu applied to his college.
Step-by-step explanation:
Given: models the housing costs, in thousands of dollars, for summer term t years since Chinedu applied to his college.
Since, the above expression is an exponential function. [ t is the exponent ]
The standard exponential function is given by :-
, A is the initial amount , b is the multiplicative rate of change with respect to time period x.
as compare to the given expression, we get b= 1.09, which is the multiplicative rate of change in the housing costs, for summer term t years since Chinedu applied to his college.