Intermediate Algebra (6th Edition)

by Martin-Gay, Elayn

Published by Pearson

ISBN 10: 0321785045

ISBN 13: 978-0-32178-504-6

Chapter 9 - Section 9.4 - Exponential Growth and Decay functions - Vocabulary, Readiness & Video Check - Page 564: 1

Answer

The growth rate was provided as 5% per year.

Work Step by Step

Since the growth rate is provided on an annual basis, the number of time intervals is the number of years.

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