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Mathematics, 10.01.2020 16:31 babyskitt

The function v(t) = 8 * (2.5) ^ t -1 gives the value of a rare coin, in dollars, in year t. what does the value 8 particularly represent in the situation? (in the function, all of the equation t -1 is an exponent, not just t.)

a. the coin was worth $8 in year 1.
b. the coin increases in value b $8 each year.
c. in year 1, a total of 8 coins were in circulation.
d. each year, the coin is worth 8 times what it was worth the previous year.

i think it's a. but then again, when i think about it, i feel like it could be any of my answers.

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The function v(t) = 8 * (2.5) ^ t -1 gives the value of a rare coin, in dollars, in year t. what doe...
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