Suppose the expression ab)" models the approximate number of customers who applied for a credit card every month since a bank opened, where a is the initial number of customers who applied, bis the rate of increase in the number of people who applied every month, and is the
number of months since the bank opened.
If the expression below models the number of applicants for a credit card, what is the correct interpretation of the second factor?
27(1.2)
ОА
There were 1.2 times as many customers who applied after the 4th month compared to the initial number of customers.
OB. There were 2.07 times as many customers who applied after the 4th month compared to the initial number of customers.
OC.
There
were 4.8 times as many customers who applied after the 4th month compared to the initial number of customers.
OD. There were 6.75 times as many customers who applied after the 4th month compared to the initial number of customers.