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OpenStudy (anonymous):
The population of a town is 10,000 people. it grows at a rate of 1.4% per year for four years. what is the growth factor, b, for the equation y= a x b^x ?
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OpenStudy (anonymous):
equation y= a x b^x = 10000 (1+1.4%)^4 the growth factor is (1+1.4%) = 1.014
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