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In the exponential equation y=ab^x, what is the value of b with a growth rate of 2.4%?
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In the exponential equation y=ab^x, what is the value of b with a growth rate of 2.4%?

User Matthew
by
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1 Answer

1 vote

Answer:

b= 1.024

Explanation:

it should be 1.024 because

a-initial amount you have

b-growth rate ( 1 initial value + 2.4 % of that value)

x-the time over which the growth applies

User Davis
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