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Y=74(1.01)^8 is it increasing or decreasing
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Y=74(1.01)^8 is it increasing or decreasing

User Eddie Yang
by
3.8k points

1 Answer

6 votes

Answer:

Increasing

Explanation:

The computation is given below:

Given that

y = 74 × (1.01)^8

= 74 × 1.082856706

= 80.1314

As it can be seen that the initial amount is 74 but after solving the given equation the value is increased as it shows 80.1314

Therefore it is increasing

User Alan Baljeu
by
3.9k points
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