I need help with interpret exponential function comstant​

Increasing

8%

day

Step-by-step explanation:

Recall that the general formula for an exponential function increasing at a given rate is;

A= P (1 + r)^t

Where r is the rate, P is the initial value and t is the time taken.

Given;

F(x) = 4000(1.08)^t/7

1.08 = 1 + 0.08

This means that r = 0.08 or 8%

Where t is in weeks and seven days make one week hence the function increasing by t/7 refers to rate of increase per day.