A rare coin's value, v, in dollars, can be modeled by the function v = 500(1.3)t, where t is the number of years since the coin was purchased. Rewriting the function in which of these ways would be helpful in determining the rate at which the coin is gaining value, per month?

The ate at which the coin is gaining value, per month is r=30% or r=0.3

Step-by-step explanation:

we have

This is a exponential growth function

The general form of a exponential growth function is given by

where

a is the initial value

r is the rate of change

In this problem we have

solve for r

therefore

The new equation is equal to

The ate at which the coin is gaining value, per month is 30%

13875138answer:

step-by-step explanation:

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