How is an exponential growth function of the form f(x)=a(1+r)^x related to an exponential function of the form f(x)=a*b^x? The value of a is the initial amount, and b is equal to the growth factor (1+r).
B.
The value of a is the initial amount, and b is equal to the growth factor r.
C.
The value of a is the growth factor, and b is equal to the initial amount (1+r).
D.
The value of a is the growth factor, and b is equal to the initial amount r.