Write exponential formula.
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The exponential formula is y= ab(to the power)x.
But nowadays, the b factor has been replaced either by (1+r) or (1-r).
The growth "rate" is determined as b=1+r.
Hope it helps you mate.
Please mark my answer as brainliest.
But nowadays, the b factor has been replaced either by (1+r) or (1-r).
The growth "rate" is determined as b=1+r.
Hope it helps you mate.
Please mark my answer as brainliest.
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