Answer
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.
Algebra 2 (1st Edition)
by Larson, Ron; Boswell, Laurie; Kanold, Timothy D.; Stiff, Lee
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
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