Question 1136694


{{{y=a*b^x}}}

if {{{b>1}}}, represents growth function
if {{{0<b<1}}}, represents decay function

in your case

{{{y=11(1.11)^t }}}

since {{{b>1}}} it is exponential {{{growth}}} function

the {{{b=1.11}}} is the value which represents {{{growth}}}{{{ factor}}}