Find the Exponential Function That Satisfies the Given Conditions $= 38$

Multiple Choice

Find the exponential function that satisfies the given conditions.
-Initial value $= 38$ , increasing at a rate of $8 \%$ per year

A) $f ( t ) = 38 \cdot 8 ^ { t }$
B) $f ( t ) = 38 \cdot 0.08 \mathrm { t }$
C) $f ( t ) = 38 \cdot 1.08 ^ { t }$
D) $f ( t ) = 8 \cdot 1.08 ^ { t }$