Millie, Josh and Libby receive a bonus at work.
1 answer:
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Answer:
Step-by-step explanation:
We are going to apply algebra to solve for the exponential growth
we know that the expression for the exponential formula is
where
a = the amount before measuring growth or decay
= 10,000
r = growth or decay rate = 23%= 0.23
x = number of time intervals that have passed
since this problem is on the growth we are going to replace "b" with (1+r), likewise for decay (1-r)
hence the formula becomes
The expression that will give the population value is