Algebra 2 (1st Edition)

Published by McDougal Littell
ISBN 10: 0618595414
ISBN 13: 978-0-61859-541-9

Chapter 7 Exponential and Logarithmic Functions - 7.1 Graph Exponential Growth Functions - 7.1 Exercises - Skill Practice - Page 482: 1


50 percent increase

Work Step by Step

Since the value inside the parenthesis is $1+.5$, we see that this is a 50 percent increase with a growth factor of 1.5. The initial amount is the coefficient of the expression, which is 2.4.
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