Answer:
[tex]\begin{gathered} a)\text{ Growing} \\ b)\text{ 55} \\ c)\text{ second} \end{gathered}[/tex]
Explanation:
Here, we want to define the terms in the given exponential equation
The general form is:
[tex]f(t)\text{ = P\lparen1 + r\rparen}^{nt}[/tex]
P represents the initial value, while r represents the percentage change and t represents the time frame
if the value inside the bracket is greater than 1, we have an increase
We could rewrite the equation as:
[tex]f(t)\text{ = 570\lparen1 + 0.55\rparen}^{60t}[/tex]
This means that:
The function is growing exponentially at a rate of 55% every second
