Respuesta :
Answer:
- growth
- 19% increase
Step-by-step explanation:
When the exponential term is (1+r)^x, the fractional rate of change is r. Here, we have 1.19^x, so ...
1 +r = 1.19
r = 0.19 = 19%
This is a positive value, so the change represents growth at a rate of increase of 19%.