The equation given is \( w(t) = 5,000(1.13)^t \). This represents exponential growth, where the growth rate is 13% per month.
In exponential growth situations, the quantity increases rapidly as time passes. In the context of your question, this means:
- As t increases, w increases quickly at first and then slows down: This statement is inaccurate for exponential growth.
- As t increases, w decreases quickly at first and then slowly: This statement is about decay, not growth.
- As t increases, w decreases slowly at first and then quickly: Again, this statement describes decay.
- As t increases, w increases slowly at first and then quickly: This is the correct choice; in exponential growth, the quantity does start increasing slowly but then accelerates significantly over time.
Therefore, the true statement is:
As t increases, w increases slowly at first and then quickly.