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How Do You Find Exponential Growth/Decay?​

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Remember that the original exponential formula was y = abx. You will notice that in these new growth and decay functions, the b value (growth factor) has been replaced either by (1 + r) or by (1 - r). The growth "rate" (r) is determined as b = 1 + r.

Im not sure if this is 100% accurate

But plz let me know if it helped!

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