The number of users on a website is 1500 and is growing exponentially at a rate of 27% per year. write a function to represent the number of users on the website after tt years, where the monthly rate of change can be found from a constant in the function. round all coefficients in the function to four decimal places. also, determine the percentage rate of change per month, to the nearest hundredth of a percent.

Rate of change per month would be 2.01%

Step-by-step explanation:

Since, the exponential growth function,

Where,

P = principal amount,

r = annual rate,

n = number of compounding periods,

t = number of years,

Here,

P = 1500, r = 27% = 0.27, n = 1,

Thus, the number of users after t years,

Let it is equivalent to number of users when it is growing at the rate of x monthly,

That is,

By comparing,

the answer to your question a or b but i am pretty sure it is b. i hope this : )

step-by-step explanation: