An exponential function has a growth factor or 3.76. What is the percentage growth rate?

Mathematics

1 answer:

olganol [36]2 years ago

7 0

The exponential function with a growth factor has a rate greater than 1

The percentage growth rate is 276%

<h3>How to determine the percentage growth rate?</h3>

The growth factor (b) is given as:

b = 3.76

The growth factor (b) is greater than 1.

So, the percentage growth rate (r) is calculated as:

r = b - 1

Substitute known values

r = 3.76 - 1

Evaluate the difference

r = 2.76

Express as percentage

r = 276%

Hence, the percentage growth rate is 276%

Read more about exponential functions at:

brainly.com/question/11464095

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