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Aleonysh [2.5K]
3 years ago
8

A website's views were increasing exponentially at a rate of 14% per year.

Mathematics
2 answers:
g100num [7]3 years ago
7 0

Answer:

1.1%

Step-by-step explanation:

Annual rate: 14 % = \frac{14}{100}  = 0.14

Monthly rate  = (1 + r )^{\frac{1}{12} } - 1

=   (1 + 0.14 )^{\frac{1}{12} } - 1

=   (1.14 )^{\frac{1}{12} } - 1

= 1.01097 - 1

= 0.01097

In percent it becomes: 0.01097 * 100 = 1.097%

Rounded to the nearest tenth: 1.1%

frez [133]3 years ago
6 0

Answer:

see below  PLEASE GIVE BRAINLIEST

Step-by-step explanation:

14% ÷ 12 (MONTHS IN THE YEAR) = 1.16666667

If rounding to the nearest 10th of a percent the answer is 1.2% increase per month.

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