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

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

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