Question: In the exponential growth model P(t)=P_0 e^ kt, what does the variable P0 represent? A. The variable P0 represents the present value. B. The variable

In the exponential growth model P(t)=P_0 e^kt, what does the variable P0 represent?

A. The variable P0 represents the present value.

B. The variable P0 represents the initial amount.

C. The variable P0 represents the proportionality constant.

D. The variable P0 represents the principal.

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