141k views
25 votes
Identify whether the change represent growth or decay and determine the percentage rate increase or decrease in y= 16(1.059)^z

User Estephany
by
8.1k points

1 Answer

10 votes

Answer: Growth rate of 5.9%

Explanation:

Since 1.059>1, it represents growth.


1+r=1.059 \\ \\ r=0.059=\boxed{5.9\%}

Identify whether the change represent growth or decay and determine the percentage-example-1
User PyTis
by
8.5k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories