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The value of a company's stock was $86 on August 1 of last year and changed...

The value of a company's stock was $86 on August 1 of last year and changed by 19% every 8 days after that for the rest of the month. Assume the stock price followed an exponential growth model during that month.

  1. What was the 8-day growth factor for the stock's value?

       

  2. What was the 1-day growth factor for the stock's value?

       

  3. What was the 1-day percent change for the stock's value?

    %   

  4. Define a function f that models the stock's value t days since August 1. Be sure to use proper function notation.

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