The cost for each soda is $1.25. If your friend Larry buys a certain number of Coca-Colas (C) and Mountain Dews (m), which answe
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Given:
Growth rate = 30% decrease
To find:
The growth factor associated with the given growth rate.
Solution:
The general exponential function is:
Where, a is the initial value, r is the growth rate in decimal and is the growth factor.
It is given that the growth rate is 30% decrease. So,
Now,
Therefore, the growth factor is 0.7.