Solution:
The growth formula is expressed as
[tex]\begin{gathered} A=P(1+r)^t----\text{ equation 1} \\ where \\ (1+r)\Rightarrow growth\text{ factor} \end{gathered}[/tex]Given the function:
[tex]y=750(1.825)^4---\text{ equation 2}[/tex]By comparison, we have
[tex]\begin{gathered} P=750 \\ t=4 \\ (1+r)=1.825 \end{gathered}[/tex]Hence, the growth factor of the function is
[tex]1.825[/tex]