Answer:
50 is the initial value
Step-by-step explanation:
The equation is of the form
y = ab^x where a is the initial value and b is the growth/decay value
b>1 is growth and b<1 means decay
y = 50(1.6)^x
50 is the initial value and 1.6 means growth since it is greater than 1
1.6 -1 = .6 so it has a 60% growth rate
