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What’s the growth factor of f(x)=500(1+.12)^x
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What’s the growth factor of f(x)=500(1+.12)^x

User Yoonah
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1 Answer

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Answer:

12%

Explanation:

For every value of x, the initial value is increased by 1+0.12 = 100% + 12%.

meaning we are adding 12% for every value of x

User Mohammad Niazmand
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