GROWTH FACTOR : ALGEBRA?
on my homework it says write the growth factor used to model each percent of increase in an exponential function.
1) 3%
does it mean just to make the 3 % a decimal like this?
(1 +0.03)?
or what im confused
on my homework it says write the growth factor used to model each percent of increase in an exponential function.
1) 3%
does it mean just to make the 3 % a decimal like this?
(1 +0.03)?
or what im confused
Comments
You can always ask Mrs. Berkel after school.
It was weird googling this exact question for homework, and finding someone I know ask the same question.
But what I did was C(1+.03)^t
I don't know if its correct...
A fraction to a decimal is a litte confusing
E.g 3% = .03 as a decimal
50% = .50 as a decimal
100% = 1.00 as a decimal