The number of members of an online community increases each month. The function M(t) = N(1 + r)^t represents the number of members at month t, where N is the initial number of members and r is the rate of increase. Select the correct statement.
A. The value of M is a product of N and a factor that does not depend on N.
On the right side of the equation we are multiplying the initial amount by the growth rate that is raised to a number of years. M is equal to this product. The growth rate does not depend upon the initial amount.
