Question: 4. In the coin value formula, V(7) = P(1 + 7), which part(s) form the base of the exponential function? Which part(s) form the constant,

 4. In the coin value formula, V(7) = P(1 + 7),

4. In the coin value formula, V(7) = P(1 + 7), which part(s) form the base of the exponential function? Which part(s) form the constant, or initial value? Which part(s) form the exponent? (4 points: 1 point for each answer below) Base: Constant, or initial value: Exponent: In this function, if the value of were to increase, would the value represented by Palso increase or stay the same? Why? Explain your answer using terms such as "rate of growth" and "initial value" in the context of the coin

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