The expression 1.5*1.09 models the housing costs, in thousands of dollars, for summer term t years since chinedu applied to his college. what does 1.09 represent in this expression? choose 1

Multiplicative rate of change in housing costs, for summer term t years since Chinedu applied to his college.

Step-by-step explanation:

Given: models the housing costs, in thousands of dollars, for summer term t years since Chinedu applied to his college.

Since, the above expression is an exponential function. [ t is the exponent ]

The standard exponential function is given by :-

, A is the initial amount , b is the multiplicative rate of change with respect to time period x.

as compare to the given expression, we get b= 1.09, which is the multiplicative rate of change in the housing costs, for summer term t years since Chinedu applied to his college.

The summer housing costs increase by 9% percent each year.

Step-by-step explanation:

I got it correct on Khan

answer: huh

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