RapStar19 RapStar19

14-04-2021
Mathematics

contestada

y=10(1.05)^x
Does anyone know the answer to this question in terms of the percentage, and if it is a growth or decay?

Respuesta :

goddessboi goddessboi

14-04-2021

Answer:

(Exponential) Growth

Step-by-step explanation:

Since r=1.05 exceeds 1, then it's exponential growth. Think about what would happen if r were 1. There would be no growth. You would always have your principal value of 10.

Answer Link

hanorth9977 hanorth9977

26-04-2021

Answer:

Step-by-step explanation:

1.05 exceeds 1

Answer Link

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