Response:
This
is indicative of an exponential function, as his savings grow by a consistent factor of 2.
Detailed breakdown:
It is stated that
Luis initially saves $6 and doubles this amount every week.
This means that the savings for the following week would be 6×2 = 12.
Consequently, the savings for the third week would be 12×2 = 24.
The resulting sequence is 6, 12, 24, 48,.....
This can be expressed as 6×2⁰, 6×2¹, 6×2², 6×2³,.....
Thus, the exponential sequence is represented as
, where 'n' signifies a natural number.
Furthermore, the numbers 6, 12, 24, 48,..... reflect an increase by a factor of
.
Thus, we conclude that
This
represents an exponential function, because his savings increase by a consistent factor of 2.