To Find: The initial amount, the growth factor, and the percent increase of the exponential growth model is
The initial amount is
The Percent increase is
The Growth factor is
Given:
Expression:
Concept Used:
When a real-life quantity increases by a fixed percent each year or other time period, the amount y of the quantity after t year can be modeled by the equation
Where a is the initial amount and r is the percent increase expressed as a decimal, the quantity is the growth factor.
Calculation: exponential growth model expression is .
On comparing the above two equation:
The initial amount is
The Percent increase is
The Growth factor is
Chapter 4 Solutions
Holt Mcdougal Larson Algebra 2: Student Edition 2012
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