1. Which function represents an initial population that increases 22% per year where A represents the initial value and X represents time in years?

Question

A. Y=A(0.22)^x
B. Y=A(0.68)^x
C. Y=A(1.22)^x
D. Y=A(1.68)^x

I do not get how to solve this problem. Any help would be great. Thank you!

Answer 1

at the end of the first year, one has the original amount + 22percent of the original, or a factor of 1.22.

Answer C

Answer 2

Oh ok, I understand that. Thank you so much!