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The cell phone carrier had 250 subscribers before the strategy was introduced. After the new strategy is introduced, the number of staffs increased by a factor of 1.4.
What is an equation?
An equation is an expression that shows the relationship between two numbers and variables.
An exponential function is in the form:
y = abˣ
Where a is the initial value of y and b is the multiplication factor.
Let f(t) represents the number of subscribers and t represents the time in months. Hence:
[tex]f(t) = 250(1.4)^t[/tex]
a = 250, b = 1.4
The cell phone carrier had 250 subscribers before the strategy was introduced. After the new strategy is introduced, the number of staffs increased by a factor of 1.4.
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