Answer:
the answer for this questionis 93(68+7)
the work that you're required to do has to contain all three requirements in order to earn the maximum number of points, and it also has to be creative (meaning no copying other people's work)
Answer: 97% growth rate.
Step-by-step explanation:
Hi, to answer this question we have to analyze exponential function:
A = P (1 + r) t
Where:
p = initial value
r = growth or decay rate (decimal form)
t= number of time intervals
A = value after t intervals
Replacing with the values given:
y=3400(1.97)^x
Where the term 1.97 = 1 + r
Solving for r:
1.97-1 = r
0.97 =r
Since the rate is positive, it is a growth rate.
To determine the percentage we have to multiply it by 100
0.97 x 100 = 97%
Feel free to ask for more if needed or if you did not understand something.
I got 2.17 but I'm not sure that's right.