The function f(t)=480(1.0085)^{\frac{t}{12}}f(t)=480(1.0085)

12

t

represents the change in a quantity over t months. What does the constant 1.0085 reveal about the rate of change of the quantity?

The function f(t)=480(1.0085)^{\frac{t}{12}}f(t)=480(1.0085)

12

t

represents the change in a quantity over t months. What does the constant 1.0085 reveal about the rate of change of the quantity?