What is the growth factor of y=70(2)^x
1 answer:
Answer:
100% growth rate or it doubles
Step-by-step explanation:
This is of the form
y = ab^x
where a is the initial value and
b is the growth/decay factor
b>1 growth
b<1 decay
Since b>1 it is growth
We determine the growth rate by
b-1
2-1 =1
Multiply by 100%
1*100% = 100 % growth rate
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