Transcript text: You are given $\$ 10,000$ that will triple every year for the next 5 years.
1. Write an equation that represents this situation where $y$ represents the value of the investment after 5 years. $y=18000 \times 8^{5}$
2. Your equation has three numbers: starting value, growth factor, and the exponent. You are allowed to double one of these numbers. Which one do you think will result in the highest outcome? Explain your reasoning.
3. Let's find out which one gives the highest outcome!
a. Double the starting value
b. Double the growth factor
c. Double the exponent