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How do you find the rate of growth or decay ?

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Solution

we have the following equation given:

y= 35(0.57)^x

If we compare this formula to the general formula given by:

y= a(b)^x

Where a is the initial value and b the rate

b <1 decay

b>1 growth

For this particular case since b<1 then is a decay problem

User Emanual Jade
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