Question

Your friend sends out a chain letter e-mail to 44 people by the next day 50 people have received the letter. assuming an exponential growth pattern, by what percentage has the number of people receiving chain letters increased in this time frame?

Answer 1

The number of people receiving the chain letter increased from 44 to 50, which is an approximate 13.64% increase in one day.

Step-by-step explanation:

The number of people receiving the chain letter increased from 44 to 50 people:

To calculate the percentage increase, we can use the formula for percentage change: Percentage Increase = [(Final Amount - Initial Amount) / Initial Amount] * 100.

So, using the figures given: Percentage Increase = [(50 - 44) / 44] * 100 = (6 / 44) * 100 ≈ 13.64%. Therefore, the chain letter experienced an approximate 13.64% increase in the number of people receiving it from the initial 44 to 50 people overnight, assuming an exponential growth pattern. In this case, the initial number of people receiving the letter is 44, and the final number is 50. So the growth factor is 50/44 = 1.136. Subtracting 1 from the growth factor gives 1.136 - 1 = 0.136. Multiplying this result by 100 gives a percentage increase of 0.136 x 100 = 13.6%.