Answer:
Increasing
Step-by-step explanation:
The computation is given below:
Given that
y = 74 × (1.01)^8
= 74 × 1.082856706
= 80.1314
As it can be seen that the initial amount is 74 but after solving the given equation the value is increased as it shows 80.1314
Therefore it is increasing
Answer:
The prevalence of serious defects in this population at the time of birth is 10%.
Step-by-step explanation:
The prevalence of serious defects is the number of infants that were born with seriours birth defects divided by the total number of infants born.
In this problem, we have that:
There were 1000 newborn infants.
100 infants were born with serious birth defects.
Calculate the prevalence of serious defects in this population at the time of birth.
This is:

The prevalence of serious defects in this population at the time of birth is 10%.
You should multiply 20 time 8 to get your answer