The function p(d)=5⋅4d−1 represents the number of people who receive a certain e-mail on day d of an e-mail experiment.
What does the value 5 represent in this situation?
Five people received the e-mail on the first day of the experiment.
There are 5 people running the experiment.
Every day, the number of people receiving the e-mail increases by 5%.
Every day, the number of people receiving the e-mail increases by 5.