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What is the percent rate of growth in this function? y=300(1+.05)x

What is the percent rate of growth in this function? y=300(1+.05)x
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1 vote
What is the percent rate of growth in this function?

y=300(1+.05)x

User Kusma
by
8.4k points

1 Answer

3 votes

Answer:

5%

Explanation:

1 + 0.05 = 100% + 5%

Answer: 5%

User Schieferstapel
by
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