Answer:
the type of growth defined by the equation is Exponential growth.
Step-by-step explanation:
Exponential growth :-Exponential growth is a pattern of data that shows greater increases with passing time, creating the curve of an exponential function. It occurs when the instantaneous rate of change of a quantity with respect to time is proportional to the quantity itself
expression for exponential growth -
f(x) = k(1+t)^x
f(x) = exponential growth
k = initial amount
t = rate of growth
x = no of time interval
therefor,
the equation shown in the question represents exponential growth with increasing time.
hence, Exponential growth is the correct answer.
learn more about exponential growth at :
https://brainly.com/question/11487261
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