Answer
$1.193$
Work Step by Step
In an exponential model $F(t)=Ab^{t}$, the value for $F(t+1)$ is obtained by multiplying $F(t)$ with b.
The blank should be $b=1.193$
Calculation:
$\displaystyle \frac{F(t+1)}{F(t)}=\frac{Ab^{t+1}}{Ab^{t}}=b$
Finite Math and Applied Calculus (6th Edition)
by Waner, Stefan; Costenoble, Steven
Published by
Brooks Cole
ISBN 10:
1133607705
ISBN 13:
978-1-13360-770-0
Chapter 9 - Section 9.2 - Exponential Functions and Models - Exercises - Page 646: 96b
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