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Answer :
Answer:
D.) f(x) = 197(1.03)^(7x); grows at a rate of approximately 3% daily
Step-by-step explanation:
The growth equation can be written in terms of a rate compounded 7 times per week:
f(x) = 197×1.25^x = 197×(1.25^(1/7))^(7x)
f(x) ≈ 197×1.0324^(7x) . . . . x represents weeks, a daily growth factor is shown
The daily growth rate as a percentage is the difference between the daily growth factor and 1, expressed as a percentage:
(1.0324 -1) × 100% = 3.24%
The best match is choice D:
f(x) ≈ 197(1.03^(7x)); grows approximately 3% daily
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