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Y=6(1.02)^x growth or decay?
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Y=6(1.02)^x growth or decay?

User Rajesh Hatwar
by
8.3k points

1 Answer

1 vote

Answer:

(Exponential) Growth

Explanation:

Given that the growth rate is greater than 1, this is exponential growth where the growth rate is 2%.

User Snowmonkey
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