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Given an exponential function for compounding interest, A(x) = P(.96)x, what is the rate of change? −0.04% −96% −4% 96%

Given an exponential function for compounding interest, A(x) = P(.96)x, what is the rate of change? −0.04% −96% −4% 96%
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Given an exponential function for compounding interest, A(x) = P(.96)x, what is the rate of change?

−0.04%
−96%
−4%
96%

User Dave Lyndon
by
8.0k points

1 Answer

2 votes

Answer:

The rate of change is positive 96%

Explanation:

.96 = 96%

User Kafuchau
by
8.1k points
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