Answer
$a=1750$, $r=0.593$
Work Step by Step
The starting factor $a$ is $1750$ based on the formula. Since $1+r=1.593$, this implies that $$r=1.593-1=0.593$$
Functions Modeling Change: A Preparation for Calculus, 5th Edition
by Connally, Eric; Hughes-Hallett, Deborah; Gleason, Andrew M.; Cheifetz, Phil C.
Published by
Wiley
ISBN 10:
1118583191
ISBN 13:
978-1-11858-319-7
Chapter 4 - Exponential Functions - 4.1 Introduction to the Family of Exponential Functions - Exercises and Problems for Section 4.1 - Exercises and Problems - Page 145: 10
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