For the given annual rate of change, find the corresponding growth or decay factor. + 300%

Dzintars asked Dec 12, 2022

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Dzintars asked Dec 12, 2022

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24 votes

Answer:

50% growth would would be (1 + .5)^ n

and 100% growth would be (1+ 1)^n

I assume that the answer would be (1+3)^n

for 300% growth the factor would be 3

Explanation:

Laurence Mommers answered Dec 18, 2022

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