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What is the growth rate in the exponential function y=a*(1+r)^x?

What is the growth rate in the exponential function y=a*(1+r)^x?-example-1
User Leeuwtje
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1 Answer

12 votes
12 votes

Answer:

r

Explanation:

It is the percent of growth. You change the percent to a decimal and place it where r is in the equation.

User Umlcat
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