Identify the initial amount a and the rate of growth r (as a percent) of the exponential function y=12(1.05)^t. evaluate the function when t=5. round your answer to the nearest tenth.

Initial amount is 12

Rate of growth is 5%

At t = 5, y = 15.3.

Step-by-step explanation:

This is an exponential function. An exponential function has the form:

where the original/initial amount is , the growth rate is and the time is .

This means for the equation :

Substitute t = 5 into the equation to find the amount at 5.

its line 2 i just added the rest or else it wouldn't let me answer