Y=7600(1.01)^x What is the percentage rate of increase or decrease.

Scottrakes asked Dec 11, 2022

60,922 views

41 votes

Scottrakes asked Dec 11, 2022

2.7k points

Your comment on this question:

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Email me at this address if my answer is selected or commented on:Email me if my answer is selected or commented on

Privacy: Your email address will only be used for sending these notifications.

12 votes

The rate of increase is 1%. The rate is always what is in the parentheses minus 1.

Ddimitrov answered Dec 14, 2022

2.6k points

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

1.6m questions

2.0m answers